Mobile Payment
Mobile Payment
Mobile Payment

The Wall Street Journal has revealed that a large group of big-name U.S. stores is planning its own entry into the burgeoning mobile payments market. The companies include Target, Wal-Mart, 7-Eleven and Sunoco and the group will be called the Merchant Customer Exchange. It’s at an “early stage”, the WSJ thinks, and as yet has no CEO or definitive launch date, but it’s nevertheless a very serious move to try to reap profits from what is widely expected to become the next way to pay for things in stores–by smartphone. Read the full story at Fast Company.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit


PreviousAmazon releases Send to Kindle extension for Chrome, says Firefox and Safari support on the way NextHP Spins Off webOS Into A Brand New Company Called Gram; Mission Unknown

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in technology, media, and marketing.