MCX postpones rollout of Apple Pay rival CurrentC, lays off 30, will focus on bank deals

currentc-kitchen As merchants like Walmart move ahead on their own mobile payment strategies, a consortium that once counted Walmart — along with a number of other big retailers and brands — behind it, has taken a step back. Merchant Customer Exchange (MCX) today announced it would postpone a nationwide rollout of CurrentC, a smartphone payment initiative originally conceived as a mobile… Read More

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