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Merchant Customer Exchange (MCX)

News stories featuring Merchant Customer Exchange (MCX):

Has NFC missed the mobile payments boat or will the industry rise to the cloud payments challenge?

May 1st, 2013

In the April issue of Mobile Wallet Outlook the NFC World team examines why NFC is failing to gain traction in the mobile payments market, analyzes the range of cloud-based options available for those seeking to deliver mass market mobile wallets — and sets out in detail how MCX’s barcode and cloud-based wallet will work, when it’s likely to launch and who is already using the same approach today. More

MasterCard blames carriers for NFC payments delays

April 29th, 2013

“The telcos keep on doing the same thing, they get arrogant and then they get disintermediated,” MasterCard’s Jorn Lambert has told The Australian Financial Review. More

Auchan picks mobile barcodes for France’s MCX

December 12th, 2012

“Our goal is to create the m-payment standard within the retail sector, independent of any telephone operators and banks,” says the head of Flash’n Pay, a new mobile wallet brand that has been created by one of the country’s largest grocery retailers and is set to go head to head with the French carriers’ NFC-based Cityzi service. More

Call for contributions: New report on mobile payments and the future of merchant transaction fees

November 26th, 2012

The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More

US retailers move into the mobile wallet market

August 15th, 2012

Walmart, Target, 7-Eleven, Best Buy, Publix, Sears, Shell and Sunoco are amongst a dozen major merchants that have formed a new company called Merchant Customer Exchange (MCX) that will provide an alternative to services like Isis and Google Wallet. More

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• Find a list of all the companies and other organisations that have been featured in NFC World+ in our directory.