Chase Acquires MCX

Bye, bye MCX.

After the Chase deal to purchase the tech resources of MCX in mid-March it should come as no surprise MCX is, realistically, closing its doors.

Here is the news:

http://www.csnews.com/industry-news-and-trends/technology/chase-acquires-mobile-payment-consortium-mcx

Quick blurb:

JP Morgan Chase is acquiring mobile payment consortium Merchant Customer Exchange (MCX), agreeing to absorb the company's resources into Chase Pay.

Happy Reading,

J.W. Gant