Major Retailers Form MCX = Merchant Customer Exchange

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• ABOUT
• PARTICIPATING
  MERCHANTS
• CONTACT

WELCOME

TO A NEW MOBILE PAYMENT SOLUTION

CUSTOMER-FOCUSED. WIDELY ACCEPTED. SECURELY DELIVERED.

ABOUT

Merchant Customer Exchange (MCX) was created by a group of the nation's leading merchants with a singular purpose:
offering consumers a customer-focused, versatile and seamlessly integrated mobile-commerce platform.

Development of the mobile application is underway, with an initial focus on a flexible solution that will offer merchants a customizable platform with the features and functionality needed to best meet consumers' needs. The application will be available through virtually any smartphone.

The company is led by merchants such as 7-Eleven, Inc.; Alon Brands; Best Buy Co., Inc.; CVS/pharmacy; Darden Restaurants; HMSHost; Hy-Vee, Inc.; Lowe's; Michaels Stores, Inc.; Publix Super Markets, Inc.; Sears Holdings; Shell Oil Products US; Sunoco, Inc.; Target Corp. and Wal-Mart Stores, Inc. Combined, these participating member merchants already serve nearly every smartphone-enabled American on a weekly basis, giving MCX the unique ability to offer a mobile-commerce solution that truly works for consumers.

MCX will be announcing additional merchants, as well as more details regarding its product offering and partners, in the weeks and months ahead.

PARTICIPATING MERCHANTS INCLUDE:

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All trademarks, service marks, registered trademarks, product and service names, and company names or logos that appear on this website and that are not otherwise owned or licensed by MCX are the property of their respective owners.

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IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info

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August 15, 2012 08:00 AM Eastern Daylight Time 

Finland’s S Group Selects VeriFone’s Point Group Payments-as-a-Service Solution Across Market Segments

Renowned Finnish Cooperative Retail Company to Utilize Comprehensive Services to Meet Diverse Needs Across Group Operations

SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Systems, Inc. (NYSE: PAY), announced today that its Point Group has won its largest to date payments-as-a-service (PaaS) contract, with an agreement to supply Finland’s S Group a complete range of payments services in its 1,600 locations.

“S Group’s decision to choose Point over competitors reflects the value that our payment-as-a-service all-in-one model brings to the modern retail environment”

S Group is a renowned Finnish cooperative retail company group comprised by the SOK Corporation with its subsidiaries and 21 regional and 8 local cooperatives. With more than 2 million members and 40,000 employees, S Group spans market segments for grocery and consumer goods, petro service station and fuel, travel industry and hospitality business, automotive and accessories trade and the agricultural trade.

“VeriFone presented us with a superior payments solution that meets the diverse needs of our business units,” said Mika Arponen, senior manager and head of Payment Services with S Group. “The payment process is very critical to support our business process and continuity. Cooperation with VeriFone provides us the opportunity to offer our customers the future of new payment methods such as contactless and mobile payments.”

VeriFone will provide a comprehensive PaaS offering including software, estate management, maintenance, integration, security and gateway services. The agreement also included new payment systems that account for about 15 percent of the total contract value.

“S Group’s decision to choose Point over competitors reflects the value that our payment-as-a-service all-in-one model brings to the modern retail environment,” said Point CEO Johan Tjärnberg. “S Group is a tremendous co-op enterprise that reaches into virtually all aspects of retail commerce in Finland, as well as into neighboring countries, and we look forward to working with them to modernize payment across their many businesses.”

Point will provide S Group with a range of stand-alone, portable and unattended payment systems in food market checkout lanes, restaurants, retail gasoline outlets and pumps, and other locations. Deployments will begin this year with the majority of systems being installed in 2013 and completion scheduled in 2014.

Text2Pay Launches Tap2Pay A Frictionless One-Tap Mobile Web Payment Experience

August 15, 2012 09:00 AM Eastern Daylight Time 

Mobile payments company Text2Pay today announced 1-Tap billing for mobile websites, making it even faster to purchase digital goods and services on a mobile phone

How it works?

1. User taps on the subscribe, purchase or unlock button of your app to activate the Tap2Pay payment library.
2. The Tap2Pay language, currency & localization module is displayed enabling the user to confirm their transaction.
3. User taps "Continue" to confirm their transaction.
4. The transaction is confirmed and requested services are provided to the user.

NEW YORK--(BUSINESS WIRE)--Online mobile payments provider Text2Pay is now enabling 1-Tap mobile billing to their merchants. Customers can easily and securely buy virtual goods and services on their mobile device with one single tap.

“Our merchants, which include gaming, dating and file share sites, can now reduce their payment flow to just one tap. It’s an easy frictionless flow.”

Tap2Pay can be integrated into any mobile site, app or service that is accessible via a mobile browser. It supports all phone platforms including HTML5 and can detect what platform the user is on including iPhone, Android and Windows Mobile.

Director of Text2Pay, Mark Reiken, says Tap2Pay uses an identification process to recognise the user’s phone number, so the user will not have to input any information such as a password or PIN authentication.

“Our merchants, which include gaming, dating and file share sites, can now reduce their payment flow to just one tap. It’s an easy frictionless flow.” Mr Reiken says.

Tap2Pay is now live across carriers in 43 countries via Direct Carrier Billing and Premium SMS.

Text2Pay is also a silver sponsor of the Apps World conference being held in London on the 2^nd-3^rd of October.

To see Tap2Pay’s mobile payments flow work, watch a demonstration here.

About Text2Pay

Text2Pay is a leader in online payments – making it easier for consumers to pay for virtual goods and services using their mobile phone. With strong security and high conversion rates being the most important factors, Text2Pay's goal is to make the customers’ payments experience more enjoyable and easy.

Visit Text2Pay.com for more information on online mobile payments.

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IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info

Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

hyperWALLET Announces a New Approach to Consumer Prepaid

August 15, 2012 09:15 AM Eastern Daylight Time 

US Corporations and their Independent Sales Representatives to benefit from hyperWALLET’s new consumer-reloadable Visa prepaid card

VANCOUVER, British Columbia--(BUSINESS WIRE)--hyperWALLET, a leading provider of global payment solutions, today announces the expansion of its prepaid card product line to include a General Purpose Reloadable (GPR) Visa prepaid card that addresses the financial needs of independent sales representatives in the direct selling sector.

“The US prepaid market is ripe for an offering with a fresh take on fees, distribution, and branding. Reloadability is the first of several planned features on our roadmap to make our product the ‘favourite’ card for both corporations and their payees.”

hyperWALLET, a winner of the Best in Category for Prepaid Incentive, Reward, Rebate and Loyalty Program at the 2012 Paybefore Awards, will offer the full-feature, low-fee General Purpose Reloadable (GPR) Visa prepaid card to its USA corporate clients and their payees.

Similar to other general purpose prepaid card programs in the market, hyperWALLET’s card can be used as a bank account alternative, allowing the cardholder to fund the card from a variety of sources, including cash at over 40,000 retail locations and direct deposit of employment earnings, such as wages or salary. However, unlike most card programs, hyperWALLET’s card will be fully brandable by sponsoring corporations, and available as an optional upgrade for existing corporate incentive cardholders.

“Our corporate customers and their sales representatives love the brand-enhancing aspects of our prepaid visa product, and for the past year we’ve been fielding requests from cardholders to add reloading capabilities,” states Lisa Shields, President and CEO of hyperWALLET Sytems Inc. “The US prepaid market is ripe for an offering with a fresh take on fees, distribution, and branding. Reloadability is the first of several planned features on our roadmap to make our product the ‘favourite’ card for both corporations and their payees.”

hyperWALLET will be launching their General Purpose Reloadable Visa card in September 2012 to both existing and new customers. For further information on this or our other global payment solutions, contact hyperWALLET at +1 (604) 482-0090 or solutions@hyperwallet.com

About hyperWALLET

hyperWALLET delivers secure, global-grade payment technologies to organizations who require a simplified way to access or leverage the global financial network. Since 2000, we have become a leading provider of online and mobile payment, international payments, card products and financial technology solutions to world-class customers in Canada, the U.S. and internationally. With hundreds of customers (including more than 200 credit unions) that touch millions of users, our clients span numerous sectors including financial services, business and government.

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IMI creates and builds "breaking news" websites around industry specific keywords.  Our proprietary "NewsBots" scour the web for specific keywords and once a breaking news story surrounding the keyword is found, it is sent to our server and edited into a news posting containing a Title, Photo, author credit, 25 word blurb and a direct link to the original content provider. The process is well served by the search engines and works as a traffic magnet.  We will provide "targeted traffic" to any vertical, any niche, any subject.  Click here to request more info

Live Site Examples: Near Field Communication News or take a look at the "Breaking News Site" we built for the NBA's Miami Heat. NBANewsHeat.com   Visit  Breaking News = Traffic to learn how your industry related breaking news website can be a "targeted" traffic magnet.

Walmart, Target others team to offer MCX mobile payments network

Walmart (Photo credit: matteson.norman)

ePaymentNews

Walmart, Target others team to offer mobile payments network Computerworld MCX will enter an increasingly crowded U.S. market for mobile payments using Near-Field Communications (NFC) and other methods. The two main competitors for MCX are Google Wallet and Isis, which is backed by AT&T Mobility, T-Mobile USA and ... See all stories on this topic »

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45 "Mobile Payment News" Stories for August 15th, 2012

ePaymentNews   45 results for "Mobile Payment"

Big retailers team up on mobile payments plan Reuters (Reuters) - Big retailers such as Wal-Mart Stores, Target Corp and Japan's 7-Eleven said on Wednesday that they are developing a mobile payment network, adding to the proliferation of options to let consumers pay with smartphones. The system, known as ... See all stories on this topic »

Starbucks Taps Square for Mobile Payment Processing Vertical Systems Reseller (blog) In a move that shocked just about everyone, Starbucks announced last week that the coffee giant had signed a deal with Square that gives customers the ability to pay for their food using Square's mobile payment app. Customers must simply download ... See all stories on this topic »

In the Ordinary, Silicon Valley Is Finding the Next Big Thing New York Times It may sound boring, but the mobile payment sector is hot. Start-ups like Square, Revel Systems and LevelUp are competing with big names like PayPal, Google and Facebook as well as old-line companies like NCR in a rush to help eliminate cash. The basic ... See all stories on this topic » New York Times

Starbucks is teaming up with Square as its mobile platform to process ... Q13 FOX Recently ousted from Twitter, the company he cofounded, he rebounded by shifting his famously intense focus to a new pain point: the way we pay. Related; Consumers approve of Starbucks' mobile payment deal with Square · Topics · Square, Inc. Starbucks ... See all stories on this topic »

Square and Starbucks Lead Transition to Mobile Payments Forbes Square is the mobile payment service that lets just about any merchant accept credit or debit cards by attaching a free square-shaped credit card reader to an iPhone, iPad or Android device. But just as Netflix started by making it easier to rent DVDs ... See all stories on this topic » Forbes

CardinalCommerce adds mobile marketing to its payment offerings Mobile Payments Today CardinalCommerce is adding some impressive features to its mobile payment suite. The company announced today that it is launching a new self-service, web-based mobile marketing and commerce platform called CustomerConnect. With this new platform, ... See all stories on this topic »

Trunkbow Announces Second Quarter 2012 Financial Results Daily Markets 14, 2012 /PRNewswire-Asia/ — Trunkbow International Holdings Limited (TBOW) ("Trunkbow" or the "Company"), a leading provider of Mobile Payment Solutions ("MPS") and Mobile Value Added Services ("MVAS") in the PRC, today announced financial ... See all stories on this topic »

Major retailers form company that will create a mobile app for faster, easier ... Daily Journal NEW YORK — A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases with their mobile devices. The businesses said ... See all stories on this topic »

Douglas Parking Partners With QuickPay Corp. for Mobile Parking Payments Broadcast Newsroom SAN FRANCISCO, CA -- (Marketwire) -- 08/14/12 -- Parking pioneer Douglas Parking has partnered with QuickPay Corp., a premier mobile payment platform provider, to deploy new payment options and value-added services such as premium parking ... See all stories on this topic »

Mobile payments to reach $1.3tn annually by 2017 as NFC and physical goods ... GoMo News The scale of global mobile payment transactions is expected to rise nearly fourfold over the next five years to more than $1.3 trillion, a new report from Juniper Research has found. The report – 'Mobile Payments Strategies: NFC, Remote Purchases ... See all stories on this topic » GoMo News

Mobile banking will impact 46% of bank account holders VatorNews While the tech sector is all abuzz around mobile payment technology like Square, WePay and others, but the real technology that almost all adults can put to use right now is banking and checking their financial status instantly. Most users are just ... See all stories on this topic »

Globe trotter: Starbucks to use Square Inc.'s payment system in 7000 stores Economic Times The Seattle-based coffee brewer last year expanded its mobile-payment programs in the U.S. by offering the Starbucks application on Google Inc.'s Android software. The app, which is also available for Apple's iPhone, lets users buy coffee and other ... See all stories on this topic »

eTranzact obtains PCIDSS certification, targets 10 million users by 2013 The Guardian Nigeria eTranzact Managing Director and Chief Executive Officer, Mr. Valentine Obi, who had earlier addressed stakeholders at a mobile payment forum in Lagos, recalled that infrastructure was a major setback to mobile money penetration right from its inception ... See all stories on this topic »

Adyen offers SoundCloud users a single-click option Mobile Payments Today Dutch mobile payment provider Adyen announced it has been selected to provide a single-click payment solution for social music service SoundCloud. Adyen's payment solution will give SoundCloud the ability to process payments securely worldwide in a ... See all stories on this topic »

Mobile Payments Committee Brings Together All US Carriers, Companies Like ... Small Business Trends Currently, many of the industry players have deals with wireless carriers so those mobile payment systems are only available on certain devices or with certain carriers. But can they all put their company hats aside while they attempt to work together ... See all stories on this topic » Small Business Trends

Carphone Warehouse launches UK m-commerce services Telecoms.com UK retailer Carphone Warehouse (CPW) has begun deployment of its mobile payment service, based on the SimplyTap application developed by the Mobile Money Network (MMN). The service allows users to make purchases from participating retailers ... See all stories on this topic » Telecoms.com

Onebip is one of the first providers to launch "Transparent Authentication ... IT News Online AUGUST 15 2012, Paris, France - Onebip, the mobile payment division of Neomobile, announced today that it has successfully launched the "Transparent Authentication" purchase flow for ISP Billing on SFR's new platform. From today, brands, mobile ... See all stories on this topic »

The Morning Ledger: Mobile Payments Spark Retail Revolution MarketWatch Though few shoppers use their phones as payment devices right now, retailers are convinced that it's the way of the future: Mobile-payment transactions are expected to surge to an estimated $600 billion world-wide by 2016, up from $172 billion this year. See all stories on this topic »

WePay celebrates its 1st birthday with lower fees VatorNews In the race to stay attractive, one mobile payment service, WePay has announced that it is lowering its pricing and releasing new API features, as it celebrates the one-year anniversary of its WePay Payments API. Previously, WePay charged businesses a ... See all stories on this topic »

Mxit mobile money launched MyBroadband Users will also be able to send money to anyone who has a cellphone for a fee. Mxit Money is a gateway for mobile payment services that enables users to transact with their mobile phones. Users can access Mxit Money as a contact within the Mxit ... See all stories on this topic » MyBroadband

Trunkbow expanding mobile payments presence in growing Chinese market Mobile Payments Today "We believe there is a tremendous, untapped market opportunity among China's 56 million small businesses who lack the resources needed to deploy a full-scale [mobile payment] offering, making hosted services such as these ideal for this large and ... See all stories on this topic »

Payvision Partners with Virtual Piggy R & D Magazine "As Virtual Piggy expands internationally, and as the mobile payment market continues to grow it is important for us to work with secure, integrated payment solutions that have the ability to handle the mobile market and have a global reach," says Dr ... See all stories on this topic »

Nexperts, Unwire team up on mobile wallet services Telecompaper (subscription) The NFC specialist Nexperts and Unwire have products that complement each other, providing customers in telecommunications, banking, trade and transport with integrated products for mobile payment and mobile ticketing. They in turn offer their end ... See all stories on this topic »

London Olympics shows the cashless society has arrived Finextra Millions of tickets went on sale and sports venues around the country were kitted out with state of the art mobile payment devices, ready to feed and water the crowds en masse. Given the sheer numbers of people who attended it goes without saying the ... See all stories on this topic »

Put your transactions on autopilot Livemint Some mobile payment gateways such as Paymate.com also help pay utility bills. "Once you register with us, you can make payments by registering your consumer bill number. Once a bill is due for payment, we send an SMS and then there is an automated ... See all stories on this topic »

Report: 46% Of U.S. Bank Account Holders Will Use Mobile Banking By 2017 TechCrunch While we've heard a lot about digital wallets, Square and other cutting edge mobile payment systems lately, the reality is that even something as straightforward as mobile banking is still a novelty for many users. At this time, according to the report ... See all stories on this topic »

New and Expanding Merchant Services Available For The Sports Apparel Industry Equities.com Consumers can contact Merchant Data Systems and take advantage of debit card processing. A mobile payment with a debit card is a much more reliable alternative for a owner of a Riding Apparel Store. A client can avoid a bounced check or a chargeback. See all stories on this topic »

Radio update: Wall Street may dip lower MarketWatch Just add items to create a portfolio now: Add. Create Portfolio or Cancel Already have a portfolio? Log In. The latest money news from Ann Cates, including plans by Wal-Mart and other merchants to develop a mobile-payment system. Pop up Player ... See all stories on this topic »

Research and Markets: Singapore Mobile Commerce Industry Outlook to 2016 ... SYS-CON Media (press release) Detailed analysis of mobile payment market in Singapore with its market share and future projections. - Mobile application market size in terms of revenue in USD million. - Market segmentation on the basis of games, ringtones, learning applications and ... See all stories on this topic »

Computop wins contract to provide book retailer Cygnus Books with payment ... Econsultancy (press release) (blog) With just one interface needed, Computop Paygate allows retailers access to over 40 payment methods including all relevant local and international payment options for e-commerce, mobile payment and POS solutions. Leading e-commerce solutions from ... See all stories on this topic »

LevelUp: Pay-By-Phone Innovator IEEE Spectrum At Work: 08.14.2012 LevelUp: Pay-By-Phone Innovator. LevelUp's mobile payment strategy emphasizes simplicity and security · Robotics: 08.14.2012. Double Robotics Taking on Telepresence with Mobile iPad Base. Can a minimalist design that leverages ... See all stories on this topic » IEEE Spectrum

Research and Markets: The Future of Mobile Payments: Continuation of ... Business Wire (press release) This report evaluates the risk factors that may lead to a disruption in global commerce and the use of mobile payment systems to provide for continuity of commerce in such situations. Emphasis is placed on the need for independent back-office accounts, ... See all stories on this topic »

hyperWALLET Announces a New Approach to Consumer Prepaid National Post Since 2000, we have become a leading provider of online and mobile payment, international payments, card products and financial technology solutions to world-class customers in Canada, the U.S. and internationally. With hundreds of customers (including ... See all stories on this topic »

Good deal? Buy a phone at Sprint and get a free ZTE Optik tablet Digitaltrends.com Sprint and T-Mobile may get the iPhone 5 · Rumor: Google, Sprint to reveal mobile payment plan May 26; UPDATE: YouTube announcement down · Good deals: iPhone 4S $150, Galaxy S3 $100, Samsung gives back $300 · Motorola Photon Q with QWERTY ... See all stories on this topic »

Global Mobile Payments Market Perspectives Discussed in New In-Demand ... Business Wire (press release) The increasing use of the mobile payment concept by consumers across the globe, especially in heavily populous countries in the Asia-Pacific region, may inflate the market for mobile payments in the coming years. New market research report "The Future ... See all stories on this topic »

Paynet expands mPOS solution with invoice, estimate features Mobile Payments Today Commentary: How 'Squarebucks' may fix what's … A terminal case of m-commerce · Square and Starbucks to form mobile payment partnership · Square and Starbucks to form mobile payment … Easy Source Get help from all our vendors with one click. See all stories on this topic »

Blogs 7 new results for "Mobile Payment"

New Mobile Payments Network to Rival Google Wallet - 24/7 Wall St. By Trey Few shoppers currently use their smartphones as mobile-payment devices, but industry experts expect that to change. Mobile-payment transactions are estimated to rise to $600 billion worldwide by 2016, compared to $172 billion this year, ... 24/7 Wall St.

iN.SG Newsletter | Growing Singapore NFC ecosystem By iN.SG Newsletter While the initial NFC deployment is focused on retail payment, IDA and the consortium members are also working with the Land Transport Authority to assess NFC mobile payment readiness for transit in early 2013. As part of the preparation, ... iN.SG Newsletter

PayAnywhere iOS App Gets a Performance Boost | MacMegasite By admin Compatible with iPhone, iPad and iPod touch devices, PayAnywhere is the payment industry's only enterprise-grade, "pay-as-you-go" mobile payment solution suited for any size merchant. With PayAnywhere there are no hidden fees; ... MacMegasite

Google Wallet Heads to the Cloud In light of our Hotline looking at the mobile payment strategies of Apple, Google and Microsoft, the recent announcement by Google of a virtual MasterCard account sees Google Wallet making its first steps toward deploying a cloud-based ... Blog - CCS Insight

Mobile payments to quadruple and reach $1.3tn annually by 2017 ... By Paul Withers The report, 'Mobile Payment Strategies: NFC, Remote Purchases & Money Transfer 2012-2017′, found that this growth would primarily be driven by sales of physical goods by both NFC transactions and remote purchases. It said that these ... Mobile News Online

Liverpool John Lennon Airport & Actus Mobile Take Off | Transaction ... By Staff Writer If you're concerned about mobile payment security you can read more here. They also have experience in assisting in the creation of really great apps for large indoor shopping areas – having launched an app for Dundrum Town Centre in ... Transaction Age | Payments Industry...

Big retailers to take to mobile payments: WSJ | Yes, But, However! By Reuters Print this article ybh spacer. (Reuters) – Big retailers such as Wal-Mart Stores, Target Corp and Japan's 7-Eleven are planning to develop a mobile payment network, the Wall Street Journal reported, citing people involved in the initiative. Yes, But, However!

Web 2 new results for "Mobile Payment"

NY1 From The Floor AM: Mobile-Payment Transactions Making ... NY1's Joya Dass previews the day on Wall Street from the floor of the New York Stock Exchange. www.ny1.com/.../ny1-from-the-floor-am--mobile-payment-tra...

Starbucks Adopts Mobile Payment System Square | Credit.com ... The nation's most recognizable chain of coffee shops recently announced that it would begin accepting payments via mobile credit card readers to add to ... www.credit.com/.../starbucks-adopts-mobile-payment-system-s...

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