MCX retailers threatened with a fine for using Apple Pay – instead awaiting digital wallet rival CurrentC
The Merchant Customer Exchange (MCX) group will allegedly impose fines upon member retailers who adopt the Apple Pay mobile near field communication (NFC) app as the group awaits its rival digital wallet, CurrentC.
The US consortium of over 50 retailers including Walmart, the world’s biggest supermarket, will fine members for adopting Apple Pay, claimed a number of outlets speaking under anonymity to the New York Times.
The disclosure followed pharmaceutical retailers RiteAid and CVS’s decision to allow, and several days later, drop Apple Pay in their stores as they banned NFC payments.
Typically, CurrentC, the payment app being developed by the Read full story ›
Source: The Drum
