Retailers inch ahead with app to take on Apple Pay

Image source: Article

Image source: Article

A long-delayed mobile payments service developed jointly by leading retailers including Walmart Stores (WMT), CVS (CVS) and Target (TGT) is inching ahead this week, with the start of a public trial in Columbus, Ohio.

The Merchant Customer Exchange, or MCX, said consumers will be able to try its mobile payments smartphone app, called CurrentC, at select stores in the Midwestern city.

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