Tagged: merchant customer exchange

Wal-Mart-Backed MCX Postpones Rollout, Cuts 30 Jobs

by Nathan Layne, Reuters 5/17/2016 11:15 am

Merchant Customer Exchange (MCX), a developer of mobile payment technology whose strategy has been thrown into question by big retailers developing their own mobile wallets, is postponing the nationwide rollout of its service and cut 30 jobs.

Arkansas Retailers, Merchants Join Forces to Develop Digital Wallet

by Mark Friedman 1/14/2013 12:00 am

There isn’t yet a digital wallet application that allows customers of Wal-Mart Stores Inc. to pay for items while receiving offers from their smartphones. But it’s just a matter of time.