Best Buy, Walmart, Target, 7-Eleven unite into one mobile payment platform MCX

MCX

Mobile payment platforms are making their way into our phones. Companies see this as a big opportunity to make a lot of money, the only problem is, how to get consumers hocked up on their platform. The solution is to get a bunch of big retailers together and unit them into your mobile payment system. That’s easier said then done, as those retailers have decided to form their own mobile payment system and leave Google, Visa, and other humongous companies from taking a slice at the mobile payment platform.  Best Buy, Walmart, Target, 7-Eleven, Shell, Sears, CVS  and many more have named their united mobile payment system Merchant Customer Exchange. So it’s possible that in the near future you’ll be paying via your phone, everywhere and not where only Google Wallet is accepted.

Source: MCX, ABC

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