PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

A New Mobile Messaging App Combines Communication With Commerce

Amy Hoke by Amy Hoke
April 21, 2014
in Analysts Coverage
0
Amex CEO: Corporate Cards Continued To Disappoint - PaymentsJournal

modern office meeting room interior

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

CVS Caremark Corp. last week introduced an interactive mobile shopping app for Apple Inc. iPads that reportedly could illustrate the Merchant Customer Exchange (MCX) venture’s potential.

MCX is a merchant mobile-payments venture involving various retailers, including such behemoths as Target and Walmart, which have yet to announce agreements on strategy, technology, and other issues. It also has yet to release a product, but one of the technologies MCX says it will support is the use of QR codes to facilitate payments.

From the PaymentsSource article:

“MCX has said that its app will initially be primarily bar code- and cloud-based. To the extent that the CVS app operates that way, there would be some similarities,” said MCX spokesman Jeremy Mullman.

Trying to compare what MCX intends to do with what CVS is doing with its mobile app is a bit of stretch. But the market has been left to speculate what MCX’s ultimate product might look like because the organization is disclosing few details to the public. Though it has yet to produce a mobile wallet, the market cannot ignore an organization whose members represent more than $1 trillion in annual sales and 75,000 combined store locations in the United States. And because of the breadth of MCX’s participating retailers, it’s best to keep an eye on the venture, which has considerable market-disruption potential.

Click here to read more from PaymentsSource.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    eCommerce On Social Media, social commerce

    The Rise of Social Commerce and Social Payments

    February 3, 2023
    Electroneum AnyTask; ETN Crypto, sales enablement

    Ethical Financial Selling: The Role of Compliance Technology and Sales Enablement

    February 2, 2023
    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Equinix report - Dojo Delivers Fast, Reliable and Secure Card Payments to Businesses on Platform Equinix