ATLANTA, Sept. 30, 2014 /PRNewswire/ -- InComm, a leading provider of integrated point-of-sale (POS) technology solutions to retailers, has entered into a strategic partnership with Merchant Customer Exchange (MCX), a company formed by the nation's leading merchants to develop a customer-centric and secure mobile payment solution.
"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, Merchant Customer Exchange. "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 leading merchants and will be available across a broad collection of merchants. Consumers can gain access to the entire CurrentC network by using the CurrentC app, as well as through merchants' mobile applications that leverage CurrentC functionality. When the app's full functionality is released to consumers, CurrentC will simplify and expedite the customer checkout process by applying qualifying offers and coupons, participating merchant rewards, loyalty programs and membership accounts, and offering payment options through the consumer's selected financial account, all with just one scan of the app at the POS.
"Today's consumers want an easier, faster and more secure way to pay for goods, and CurrentC enables that and more," said Phil Graves, Executive Vice President, InComm. "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."
Merchant Customer Exchange (MCX) is building a widely accepted, customer-focused and security-driven mobile payment solution that will deliver a better payment and shopping experience for customers and merchants alike. MCX's owner-members include leaders in the big-box, convenience, pharmacy, fuel, grocery, quick- and full-service dining, specialty-retail and travel categories. Collectively, these companies operate more than 110,000 locations and process more than $1 trillion in payments annually. The company operates from offices in Boston and Dallas. For more information, visit http://www.mcx.com.
Leveraging deep integrations into retailers' point-of-sale systems, InComm provides connectivity to a variety of service providers that allow consumers to conduct everyday business at more than 450,000 points of retail distribution worldwide. Whether those consumers are activating prepaid products, paying bills, enjoying real-time discounts through a membership card, purchasing digital goods in-store or adding funds to an online account, InComm is there to provide unique gift-gifting opportunities, cater to on-the-go shoppers, deliver added value through loyalty programs and serve cash-based consumers. With 186 global patents, InComm is headquartered in Atlanta with a presence in over 30 countries in North and South America, Europe and the Asia-Pacific region. Learn more at www.incomm.com or connect with us on www.twitter.com/incomm, www.facebook.com/incomm, LinkedIn or www.incomm.com/blog.