Episode 42
This week we dive into MCX, we talked about the history of the organization and why it is probably doomed. MCX (Merchant Customer Exchange). MCX is the collection of efforts by major retailers to eliminate the expense of Visa, Mastercard, and AMEX by creating their own payment network. Unfortunately the project now competes directly with Apple Pay and may be hitting some rough waters soon…
Our speakers in this week’s episode:
Resources:
- Merchant Customer Exchange
- Illan Poreh | LinkedIn
- Brian Roemmele’s answer to Why are some US retailers on purpose banning Apple Pay?
- https://www.coinbase.com/
tips - A Love Button for the Internet
Also available on iTunes.
Sponsors:
Otter Labs -> Otter helps startups hire talented inexpensive developers faster through staff augmentation, focusing on Argentina.
Redeeem -> Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.
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