Consortium fires next shot in mobile payment wars

Consortium fires next shot in mobile payment wars

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Restaurant operators already have plenty of providers to consider when choosing a mobile payment solution. But the CurrentC system offered by newcomer Merchant Customer Exchange (MCX) has a couple of tantalizing features the others don’t: no credit card processing fees—funds are transferred directly from a customer’s personal bank account or other sources—and no new hardware to install. It could be a godsend for restaurants, providing customer will use it.

MCX is a consortium of s

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