The next big mobile payments decision set to make its way to credit unions is CurrentC, the app created by Merchant Customer Exchange large retailers that include Walmart, Target, Best Buy and CVS.
Collectively, those retailers claim more than $1 trillion in payments annually, which is bigger than the gross domestic product of all but 15 countries, according to some estimates.
That makes MCX tough to ignore. However, credit unions can find a role in CurrentC when it goes live in the very near future, MCX CEO Dekkers Davidson said in a November keynote speech at the Money20/20 payments conference in Las Vegas.
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