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Big retailers team up on mobile payments plan
Aug 16th, 2012
(Reuters) - A group of big retailers that includes Wal-Mart Stores Inc, Target Corp and Japan's 7-Eleven is developing a mobile payment network, adding to the proliferation of options that let consumers pay with smartphones. The system, known as Merchant Customer Exchange, is a retailer-led initiative that would match similar services from Google Inc, which began operating its own system last year on its Android devices. ... (Source: Reuters) -
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