A Moment in Time


Somewhere between rumor and fact is a new merchant initiative to build, from the ground up, a new payment system. Led by Walmart and Target, the effort is attracting large and medium-sized merchants dissatisfied with the cost and security of the incumbent payment system. While there are many ways this effort could fail, there are also reasons that it could succeed.

Published on: May 9, 2012
Author: George Peabody
Alternate Point of Contact: Amy Dunckelmann


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