Jump to content

IDG Contributor Network: Chase's MCX tech buy will take time to pa

  • Please log in to reply
No replies to this topic

#1 OFFLINE   Computerworld


    High Highlander

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 20,924 posts

Posted 20 March 2017 - 07:00 AM

When JPMorgan Chase on March 10acquired MCX’s payment technology to help with Chase Pay, it likely received a bargain. After all, it’s hard to envision an entity in a weaker negotiating position these days than MCX, which has already surrendered on delivering its own payment system. But a bargain is a bargain only if the value is greater than the cost, no matter how low that cost.

The MCX technology is based on QR codes, and even Walmart’s Walmart Pay is struggling with the same issues that have routinely plagued not-so-easy-to-scan-the-first-time QR codes.

To read this article in full or to leave a comment, please click here

View the full article

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users