Kohl's Pay Launches Nationwide

Kohl's Corp. announced Wednesday that its mobile payment option, Kohl's Pay, has launched nationwide. Kohl's Pay integrates the Kohl's private label credit card, store offers, rewards and other perks into the retailer's mobile app, which can be applied from the device at checkout. Kohl's Pay works on iOS and Android devices. The Kohl's mobile app has been downloaded more than 14 million times, the company said. Kohl's shares are inactive in premarket trading, and down 9.2% for the year so far. The S&P 500 Index is up 5.2% for 2016 to date.