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

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 Wal-Mart, was started to build a mobile payment….