CurrentC holds a conference call with journalists about the Apple Pay shutoffs by big merchants. MCX CEO Davidson says the decision to shut off Apple Pay and Google Wallet is based on what stores believe customers want:
This is not a technology decision. It’s about consumer engagement.
He says it is ‘entirely possible’ and desirable in the future for the other payment systems to coexist:
We need to build the mobile commerce ecosystem to have two or three viable players. One won’t simply build the market. There is no harm from competition. It should happen.