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MCX intends to expand network through InComm partnership

InComm, a provider of integrated point-of-sale technology products to retailers, has entered into a strategic partnership with the Merchant Customer Exchange, a company formed by the nation's leading merchants to develop a customer-centric and mobile payment network.

September 30, 2014

InComm, a provider of integrated point-of-sale technology products to retailers, has entered into a strategic partnership with the Merchant Customer Exchange, a company formed by the nation's leading merchants to develop a customer-centric and mobile payment network.

"We're pleased to partner with InComm and leverage their deep relationships and POS integrations with leading retailers representing thousands of locations across the country," said Andy Shober, chief sales and business development officer for MCX. "Our partnership allows us to greatly expand the number of participating retail locations and represents a great opportunity for retailers to seamlessly improve the loyalty, shopping and payment experience for their customers."

MCX's new mobile payment network, CurrentC, was built by merchants and will be available across a broad collection of merchants, the company said. Consumers can gain access to the entire network by using the CurrentC app, as well as through merchants' mobile applications that leverage CurrentC functionality. MCX expects to roll out the app nationwide some time next year.  

"Today's consumers want an easier, faster and more secure way to pay for goods, and CurrentC enables that and more," Phil Graves, executive vice president of InComm, said in a statement. "With CurrentC, consumers also benefit from rewards programs and instant coupon savings, while retailers gain new channels in which to engage with customers, improve brand loyalty and drive more sales. We're thrilled to partner with MCX and help expand the reach of an innovative offering that represents a big step forward to increasing mobile payment adoption by retailers and consumers alike."