Wednesday, February 12, 2014

MCX, Paydiant, and Wendy's

News in the mobile payments space.  I first found this on Stores.org.

The Merchant Customer Exchange company, MCX, has signed with Paydiant for mobile technology.

http://www.prnewswire.com/news-releases/mcx-adds-paydiant-to-power-mobile-payments-and-expands-qsr-reach-with-wendys-245184751.html

Here is a snippet from that release:

BOSTON, Feb. 12, 2014 /PRNewswire/ -- Merchant Customer Exchange (MCX) today announced that it will add Paydiant'scloud-based, white label platform to its custom developed mobile commerce infrastructure. MCX is a group of leading merchants dedicated to improving the shopping experience by offering consumers a widely-accepted, customer-focused and secure mobile commerce platform. MCX merchants represent more than 70 prominent brands with 110,000 locations that process more than $1 trillion in payments annually.


Two new owners of MCX were also announced: Acme Albrecht grocery and Wendy's.

MCX also announced that Wendy's® and Acme Fresh Market are among the latest merchants to become MCX merchant members. With restaurants nationwide, Wendy's is the world's third-largest quick-service hamburger company. Acme Fresh Market is a regional grocery store chain with locations throughout Northeast Ohio.


Happy reading,

J.W. Gant

**UPDATE**
A good write-up on this with quotes from a mobile "expert" on this move's implications:
http://www.digitaltransactions.net/news/story/4521

One more, less interesting but containing good blurbs from MCX CEO Dekkers Davidson:
http://www.paymentsnews.com/2014/02/mcx-adds-paydiant-to-power-mobile-payments.html

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