In reply to Intrigued.

And your point is? Rest assured MCX will have some type of fee that will also move over time, it costs something to support the infrastructure and risk. Do you really believe that the institutions will not figure out some way to collect additional fees for ACH? And how will the consumer react once they understand the process to manage charge backs on an ACH transaction? Time will tell. Safeway has had Fast Pay for years wonder what the adoption rate is for that ACH platform. The price will move on these systems based on adoption and risk over time. It is stupid to block one over the other. If MCX is so hot then retailers will push it assuming the consumer is in sync. But really 2 years and still no product, a product that requires a QR code coming next year, that is so 2004.