Episode 42

MCX just declared war on Apple Pay

This week we dive into MCX, we talked about the history of the organization and why it is probably doomed. MCX (Merchant Customer Exchange). MCX is the collection of efforts by major retailers to eliminate the expense of Visa, Mastercard, and AMEX by creating their own payment network. Unfortunately the project now competes directly with Apple Pay and may be hitting some rough waters soon…

Our speakers in this week’s episode:

• Brian Roemmele
• Faisal Khan
• Mike Townsend

Resources:

• Merchant Customer Exchange
• Illan Poreh | LinkedIn
• Brian Roemmele’s answer to Why are some US retailers on purpose banning Apple Pay?
• https://www.coinbase.com/tips
• A Love Button for the Internet

Also available on iTunes.

Originally published at www.aroundthecoin.com on November 22, 2014.