Moribund MCX Delays Rollout, Cuts Staff

  • Philip Ryan
  • May 17, 2016
Just a day after Walmart Pay began its rollout, troubled mobile payments consortium MCX announced it was just about shutting down. MCX, formally the M...

MCX Is Dead (Again) Thanks to Target Pay

  • Philip Ryan
  • December 18, 2015
MCX: It’s alive! It’s dead! It’s alive again! Actually, does the recent news about a forthcoming Target Wallet, announced just a wee...

When Will Mobile Wallets Be Commonplace?

  • Peter Olynick
  • October 20, 2015
Not long ago, debit cards were a relatively small percentage of the total payment card volume. I had a friend who made a prediction each January that,...

Square’s ‘Free’ Reader — Costs $10

  • Philip Ryan
  • January 4, 2013
When Square launched in February 2009, one of the staples of its offering was the free reader. Request the payment dongle online and Square would send...