Merchant Customer Exchange

Walmart’s recent patent application for a cryptocurrency system hints at the Bentonville retailer’s next move into the financial services sector. read more >

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. read more >

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. read more >