Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Chase partners MCX to take on Apple and Google mobile wallets

Chase partners MCX to take on Apple and Google mobile wallets | Payments 2.0 | Scoop.it
Finextra: JPMorgan Chase has signed up retailer consortium MCX as a partner for Chase Pay, its new digital wallet leading the fight back against tech giants Apple, Google and Samsung in the increasingly crowded mobile money arena.
Therese Torris's insight:

Better late than never?

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PayPal buys mobile payments firm Paydiant

PayPal buys mobile payments firm Paydiant | Payments 2.0 | Scoop.it
Finextra: PayPal has agreed to buy Paydiant, a Boston-based startup that helps the likes of Subway, Capital One and retailer joint venture MCX build mobile payments, offers and loyalty into their apps.
Therese Torris's insight:

The counterpart of Apple's purchase of SoftCard. Merchants seem to me better retail partners than telcos

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ISIS, MCX and PayPal woo US retailers at annual convention

ISIS, MCX and PayPal woo US retailers at annual convention | Payments 2.0 | Scoop.it

Finextra: Last week I was just at ground zero of the mobile wallet battle, the National Retail Federation annual convention in NYC. It was a great opportunity to see what

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Best Buy splits from MCX in favor of Apple Pay

Best Buy splits from MCX in favor of Apple Pay | Payments 2.0 | Scoop.it
Finextra: MCX, a Walmart-led competitor to Apple Pay, has suffered a big blow with the news that consortium member Best Buy is to begin accepting payments from iPhone-touting consumers in the summer.
Therese Torris's insight:

A not unexpected blow to fledging MCX which (unrealistically) required from participating merchants that they do not accept Apple Pay

MCX  technology is now in the hands of PayPal

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US retail consortium unveils MCX's CurrentC m-commerce network to be launched next year

US retail consortium unveils MCX's CurrentC m-commerce network to be launched next year | Payments 2.0 | Scoop.it
Merchant Customer Exchange (MCX), the mobile commerce joint venture put together by some of America's biggest retailers, has finally unveiled its payment network, promising a commercial launch next year.
Therese Torris's insight:

Consortia-led projects like MCX"s and ISIS (not renamed Softcard)take an awful time to get off the ground

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