A day after Best Buy announces plans to accept Apple Pay, CEO of payment rival MCX is out

The consortium of retailers, whose members include Walmart, Target and Kohl’s, announced on Tuesday that CEO Dekkers Davidson is being replaced by banking veteran Brian Mooney. Mooney will take the title of interim CEO; it’s not clear if MCX is still searching for a different, permanent CEO. The announcement comes a day after MCX member Best Buy became the first national chain in the group to say it would accept Apple Pay in its stores.

Jason Del Rey | Recode