GigaOM – 9/2/14: In 2012, dozens of big retailers like Walmart, Target, CVS and Best Buy banded together to create their own smartphone payments network and mobile wallet. Two years later, that payment platform finally has a name, CurrentC, and a launch timeline, 2015. The Merchant Customer Exchange, or MCX, has private pilots going on in several member stores in different parts of the country, but on Wednesday it said it would expand that pilot program to many more stores throughout 2014 and launch commercially in 2015 on a regional and national level. The details of the rollout are admittedly a bit vague, but there’s no denying the scale CurrentC could achieve when it’s fully operational.
Click here to read more: http://gigaom.com/2014/09/03/mcx-launches-currentc-a-mobile-wallet-for-walmart-best-buy-and-other-retailers

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