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Retailers to create m-payment competitor

Thursday 16 August 2012 | 11:13 CET | Author: Bart Garvelink | Background
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Fourteen large retailers, including Walmart, Target, 7-Eleven and Sears have announced a joint platform for mobile payment. The Merchant Consumer Exchange or MCX will develop a mobile payment app for consumers to pay at cash registers. The platform also plans to integrate a wide range of consumer offers, promotions and retail programmes for participating retailers.

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Categories: Mobile & Wireless
Companies: Audience / Best Buy / Google / Isis / Square
Countries: World
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