Retailers May Blink Vs. Apple In Mobile Showdown

By | October 29, 2014

Scalper1 News

Retail giants are likely to blink and support Apple’s new mobile wallet, speculates RBC Capital in a research report. Apple (AAPL) unveiled its mobile payment system, called Apple Pay, when launching the iPhone 6 last month. While Apple’s strength is its 800 million or so global iTunes users with accounts linked to credit and debit cards, a retail consortium called MCX (Merchant Customer Exchange) has powerful backers, including Wal-Mart Stores Scalper1 News

Scalper1 News