Categories
Finance iOS News retail Software

Chase announces Chase Pay payment system, will be modeled off MCX’s CurrentC method

There’s always money to be made in the payment service industry. A new report has announced that Chase Chase CEO of Consumer and Community Banking, Gordon Smith, who announced “Chase Pay” at the Money20/20 payments conference in Las Vegas. The Chase Pay service will work via QR code instead of over NFC, allowing customers to […]

Categories
retail Rumor Software

Rumor: Walmart opting for CurrentC system over Apple Pay due to high credit card transaction fees

This is where things could get a bit sticky. In the current battle between Apple Pay and MCX’s CurrentC system, retailer Walmart has opted against supporting Apple Pay in its stores. A new report offers a big reason why: high credit card transaction fees. According to 9to5 Mac and Re/code, a current report reveals that […]