Mobile Payment Magazine

MCX CEO Dekkers Davidson Steps Down

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Dekkers Davidson, CEO of Merchant Customer Exchange (MCX), developer of the CurrentC mobile payment platform, is leaving the company. MCX has announced the appointment of financial services and payment industry veteran Brian V. Mooney as the company’s Interim Chief Executive Officer. Mooney succeeds Dekkers Davidson, who is leaving MCX to pursue other opportunities. The move comes on the heels of an increasing number of competitive players in the mobile payments field, and the recent announcement during Apple’s earnings call that Best Buy is poised to break from exclusivity with CurrentC and begin supporting Apple Pay. CurrentC merchants Home Depot and Acme also have plans to accept Apple Pay. [Read more…]

CurrentC to Launch in Single Market in Summer 2015

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Merchant Customer Exchange (MCX), a group of large U.S. merchants, said Monday it expects to launch an early version of its CurrentC mobile payment app mid-year in an unnamed, mid-sized market.

The group unveiled CurrentC in September, saying it had already launched the payment service by that time in private pilot mode in select, unnamed locations, with plans for regional and national rollouts in 2015. [Read more…]