Aug 152012
 

Google Wallet, you're not the only game in town. (Credit: Roger Cheng/CNET) Watch out, Google Wallet. There's a new mobile-payment service in the works. A consortium of of retailers today announced that they have launched a mobile-commerce company , called Merchant Customer Exchange (MCX). Best Buy, Target, Wal-Mart, and Lowe's are among the many companies that have signed up for the initiative …

Aug 152012
 

Watch out, Google Wallet. There's a new mobile-payment service in the works. A consortium of of retailers today announced that they have launched a new mobile-commerce company , called Merchant Customer Exchange (MCX). Best Buy, Target, Walmart, and Lowe's are among the many companies that have signed up for the initiative. The companies combine to generate a whopping $1 trillion in sales each …