Great catch from The Loop’s Dave Mark from Apple’s earnings call:
Remember the MCX Consortium, the competing transaction processing system from Walmart, et al? One of their high profile members is Best Buy. As a reminder, there was a lot of discussion when MCX started out about members being restricted from taking Apple Pay.
Now recall that Cook announced today that Best Buy is (present tense) accepting Apple Pay in its stores.
Mark calls it “a pretty solid crack in the consortium.” I’d say that’s a fair description.