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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on October 29, 2014, 03:00:28 pm



Title: CurrentC retailers contractually obligated not to accept competing payment services, may face fines if they do
Post by: HCK on October 29, 2014, 03:00:28 pm
CurrentC retailers contractually obligated not to accept competing payment services, may face fines if they do

As we reported in our initial coverage of the CurrentC payment system, the New York Times has confirmed today that MCX partners working on the system are contractually required to accept CurrentC exclusively. Any retailers that decide to accept other payment services, such as Apple Pay, will be fined: The problem is that under the terms […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=349560&subd=9to5mac&ref=&feed=1" width="1" height="1" />

Source: CurrentC retailers contractually obligated not to accept competing payment services, may face fines if they do (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/iQxp29liGHA/)