08/16/12
Marketplace Tech Report for Thursday, August 16, 2012
Episode Teaser Image:
Episode Description:
Target, Walmart, Lowe's, 7-11, Best Buy, a whole bunch of big retailers are teaming up on a new mobile payment system. It's called Merchant Customer Exchange or MCX and it will let you pay for things using your smartphone. They're not the only ones trying this. Google has the Google Wallet system. AT&T, Verizon and T-Mobile are planning to launch one soon as well. So why is everyone racing to join in? It's all about being most popular, and eventually getting the most data from you.
To view this content, Javascript must be enabled and Adobe Flash Player must be installed.
1
Why retailers are teaming up for mobile payment
Data on customers is a lot more valuable than mere sales.
Browse the show calendar
Buzzworthy
Recent comments on our stories..
Three life rules from Donald Rumsfeld
Journalism: Practiced. Excellent interview. Thank you.
Annapolis57 | May 16, 2013 Three life rules from Donald Rumsfeld
Donald Rumsfeld's interview on Marketplace today was absolutely unbelievable. Really. Is one of his rules not to believe your own spin? I...
jgrothues | May 16, 2013 Three life rules from Donald Rumsfeld
Ryssdal's interview with Rumsfeld was breathtakingly inappropriate. "Marketplace?" If Ryssdal wants to promote his obvious biases...
rcd43 | May 16, 2013 How World Finance makes a killing lending on the installment (loan) plan
There is something fundamentally wrong with predatory lending businesses, whether they are pay day loans or installment contracts. The business...
entropyman | May 15, 2013
Connect
Submit your Personal Finance Questions to the Getting Personal blog.
BECOME A MARKETPLACE SOURCE!
Join the Public Insight Network and help us
tell the story.
Sign Up Now or browse recent questions from
the Network below.
