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CurrentC mobile payment to be delayed as supporters flee?

Will CurrentC be delayed?
By: Michael Hatamoto | Mobile Devices, Tablets & Phones News | Posted: Aug 13, 2015 8:57 pm

Remember all of that talk about the CurrentC mobile payment platform launching this summer? Well, it looks like Merchant Customer Exchange (MCX) is facing continued volatility, and a widespread rollout may be pushed back while some retail members support Apple Pay.

 

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MCX has the support of Target, Wal-Mart, Darden Restaurants and other retailers, and initial testing should begin later this month in Ohio, but it looks like the group continues to have problems. Partners including Best Buy and Rite Aid previously announced they would adopt Apple Pay.

 

"This is a long game. Certainly going faster is always better - that's not necessarily a debatable point," said Brian Mooney, CEO of MCX, in a statement to Re/code. "But we're going to do it right."

 

CurrentC has a different approach to mobile payments, as the platform is designed to link a user's checking account, debit or credit cards or gift cards - and when shoppers check out, they scan a code at the register to make payments.

NEWS SOURCES:Pcworld.com, Thenextweb.com

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