Mobile commerce system formed by partnership among top American retailers

Mobile Commerce News

Participants include Target, Wal-mart, and 7-Eleven, among others. A group of some of the largest retailers in the United States are coming up with their own mobile commerce platform in order to go head to head with telcos, banks, and technology companies that have already crowded that environment. The system is being called the Merchant Customer Exchange (MCX). An app for the MCX is already in development and through it, according to the group, consumers will be provided with a “versatile mobile commerce experience that will combine the convenience of…

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Mobile payments industry’s leading players launch new official committee

Mobile payments disaster recovery

Google, PayPal, Visa, and others have announced that they will be participating. The global electronic purchasing transaction industry’s trade association, called the Electronic Transactions Association (ETA) has just announced the launch of the Mobile Payments Committee. It simultaneously announced that the four major American mobile network operators are all members. These include T-Mobile, Sprint, Verizon, and AT&T. They have joined in the Mobile Payments Committee along with the participation of Isis, Google, Wells Fargo, American Express, Captial One, PayPal, MasterCard, Visa, Panasonic, Discover, Neustar, Intuit, VeriFone, and First Data. The…

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