mcx

MCX Postpones CurrentC Roll Out, Axes 30 People as Apple Pay Flourishes

Merchant Customer Exchange (MCX) has today announced that it would postpone a nationwide rollout of CurrentC, a smartphone payment service developed by group of retail giants including Walmart, Best Buy, Target and 7-11 to rival Apple’s Pay, and that it would lay off 30 people to shift its focus on working with financial institutions, TechCrunch is reporting. CEO...

MCX Considers NFC, Retailers Won’t Be Fined for Accepting Apple Pay

MCX CEO Dekkers Davidson held a virtual press conference with the press yesterday to address questions and concerns over CurrentC, its upcoming mobile payments solution. Davidson noted MCX is open to other forms of tech beyond QR codes, but if need be they will move to NFC, saying “We’re agnostic about technology. We started with...