CurrentC

CurrentC to Deactivate All Beta Test Accounts This Month

Last month, Merchant Customer Exchange (MCX) announced that it would postpone a nationwide rollout of CurrentC, while also laying off half of its team and today, it has sent out an email titled “An Important Message from CurrentC” to all of its app's early testers, saying that starting June 28, the company would end its beta test, Consumerist...

MCX Postpones CurrentC Roll Out, Axes 30 People as Apple Pay Flourishes

Merchant Customer Exchange (MCX) has today announced that it would postpone a nationwide rollout of CurrentC, a smartphone payment service developed by group of retail giants including Walmart, Best Buy, Target and 7-11 to rival Apple’s Pay, and that it would lay off 30 people to shift its focus on working with financial institutions, TechCrunch is reporting. CEO...

Apple Pay Rival ‘CurrentC’ Expected to Hit Stores Next Month

Apple Pay’s upcoming rival ‘CurrentC’, a mobile payment service developed by Merchant Customer Exchange (MCX) group which includes retail giants Walmart, Best Buy, Target, 7-11 and more, is finally ready to go live after three years of development and is expected to hit the stores next month, Bloomberg reports. The source claims that the CurrentC mobile app has...

Apple Pay Rival CurrentC Hacked, Beta User Email Addresses Obtained

CurrentC, the mobile payment rival backed by the MCX retailer consortium, has been hacked. In an email notice sent to users in their pilot program or those that signed up, the company says “within the last 36 hours, we learned that unauthorized third parties obtained the email addresses of some of you.” A PR rep...

A Closer Look at CurrentC Reveals How It Collects User Personal Data

CurrentC, an upcoming mobile payments platform developed by a company called Merchant Customer Exchange (MCX), recently started to inform partners such as Rite Aid and CVS to disable NFC terminals in an attempt to block use of Apple Pay. A closer look by iMore at how CurrentC works has revealed the app wants to collect far...