Thursday, December 10, 2015

Walmart Drops An Atomic Bomb On Its Apple Pay Competitor - Forbes

Tangentially, see Apple Pay is showing signs that it could be a flop (Business Insider)

"Payments expert Brian Roemmele, who recently released the PayFinders app which helps consumers locate Apple Pay compatible merchants, believes Walmart Pay could deal a mortal blow to MCX’s ambitions: “MCX was conceived to allow like minded merchants to create an alternative and less costly payment system,” he said. “It began to erode as Apple Pay began to appear inevitable. With the release of Walmart Pay, it is clear that MCX and CurrentC will likely either not be released or be lost in the noise of other proprietary systems.” In particular, Roemmele noted that Target will likely now move ahead with a full Apple Pay and Android Pay implementation of its own Red Card in the near future."
Walmart Drops An Atomic Bomb On Its Apple Pay Competitor - Forbes
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