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May 16, 2016 10:08 pm GMT

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

currentc-kitchenAs merchants like Walmart move ahead ontheir own mobile payment strategies, a consortium that once counted Walmart — along witha number of other big retailers and brands — behind it, has taken a step back. Merchant Customer Exchange (MCX)today announcedit would postpone a nationwide rollout of CurrentC, a smartphone payment initiative originally conceivedas a mobile… Read More

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