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CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees

CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees

TechCrunch - Josh Constine

Long before Apple Pay, big brick-and-mortar retail chains were conspiring to sidestep the typical 2% to 3% fees they’re charged by credit card companies when consumers pay with credit. A company called MCX (Merchant Customer Exchange), spearheaded by Walmart, was started to build a mobile payment …

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