Merchant Customer Exchange--the proposed nationwide mobile commerce network spearheaded by retailers including Walmart, Target, Best Buy and 7-Eleven--has selected digital security firm Gemalto to build its mobile wallet.
RadioShack ended its mobile retail relationship with Target, saying the two companies could not agree to terms that would have created more profit for both parties.
Big-box retailer Target will extend its mobile coupon service to Apple's Passbook, the new iOS 6 application that collects users' movie tickets, transit passes, retailer loyalty cards and related documents.
Sprint Nextel's Virgin Mobile brand has started a full-throated marketing effort for its prepaid version of Apple's iPhone--but will soon need to quiet the campaign, according to a Dow Jones Newswires report.
Time Warner Cable is stepping up its subscriber acquisition efforts, announcing that it will offer new customers who take a triple play of digital video, high-speed Internet and phone service gift cards that could be used to buy up to $150 in merchandise at Target stores.
More than a dozen leading U.S. merchants are banding together to create their own nationwide mobile commerce network designed to rival efforts like Google Wallet and Isis, the point-of-sale initiative spearheaded by Verizon Wireless, AT&T and T-Mobile USA.
Target will expand Shopkick's location-based mobile rewards program across all of its 1,764 U.S. retail locations. The free Shopkick app, which is available for devices running Apple's ( NASDAQ:AAPL )
Cricket provider Leap Wireless ( NASDAQ:LEAP ) expanded its retail distribution to 1,600 Target stores nationwide, giving the flat-rate player another avenue to sell its service.
The majority of consumer prefer to access retailers' mobile websites using their smartphones instead of accessing native applications, according to Nielsen. The research firm also noted that during
Walmart Stores, Target and about two dozen other retailers have joined forces to develop a mobile payment system that will compete with Google ( NASDAQ:GOOG ) Wallet and Isis, the wireless operator