Time/Money’s Jacob Davidson:
Now, seven months after Apple Pay debuted, the retailers are still struggling to hold the line. MCX member BestBuy recently announced it would start accepting Apple Pay, and Dekkers Davidson, the group’s chief executive, resigned one day later “to pursue other opportunities.” But the internal strife distracts from MCX’s biggest failure: The collective has thus far proved unable to get its app into the marketplace. CurrentC remains months away from reaching most consumers.
Yeah, it’s hard to compete in mobile payments when you don’t actually do mobile payments.