“Weeks after CurrentC was delayed (again) and half the team was laid off, the mobile payment that was supposed to serve as a merchant-backed alternative to payment systems from Apple and Android may be over for good,” Ashlee Kieler reports for Consumerist. “Or at least that’s the impression one might get from an email sent to testers of the system.”
“In an email titled ‘An Important Message from CurrentC,’ the mobile payment system told early testers of its app that starting June 28 the company would end its beta test in Columbus, OH,” Kieler reports. “‘We will be concluding our beta test and postponing further releases of CurrentC on June 28, 2016,’ the email states. ‘Therefore, June 28th will be the last day that transactions will be accepted using CurrentC.'”
“In mid-May, MCX announced that it would concentrate more heavily in the immediate term on other aspects of its business including working with financial institutions, like Chase, to enable and scale mobile payment solutions,” Kieler reports. “‘As part of this transition, MCX will postpone a nationwide rollout of its CurrentC application,’ the company said at the time.”
Read more in the full article here.
MacDailyNews Take: Apple Pay roadkill.
MCX’s convoluted system is DOA. — MacDailyNews Take, May 11, 2015
SEE ALSO:
MCX postpones rollout of CurrentC mobile payment system, lays off 30 – May 16, 2016
Why Apple Pay beats chip cards – May 9, 2016
MCX’s CurrentC may not launch until next year – August 12, 2015
CurrentC-backer Rite-Aid capitulates, to accept Apple Pay at 4,600 U.S. stores starting this Saturday – August 11, 2015
Apple Pay rival ‘CurrentC’ to get limited trial run in stores next month – July 24, 2015
Apple Pay stands to gain from MCX’s CurrentC disarray – May 18, 2015
Apple Pay is destroying MCX’s CurrentC – May 11, 2015
Best Buy capitulates, to accept Apple Pay despite CurrentC allegiance – April 27, 2015
Major retailers see Apple Pay wave – November 17, 2014
In only 3 weeks, Apple Pay is changing how consumers pay – November 17, 2014
Boycott CVS and Rite Aid – October 27, 2014
Bad business: CVS and Rite Aid antagonize their most well-heeled customers by blocking Apple Pay – October 27, 2014
CVS stores reportedly disabling NFC to shut down Apple Pay – October 25, 2014
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Apple’s iOS dominates in richer countries, Android in poorer regions – March 25, 2014
Twitter heat map shows iPhone use by the affluent, Android by the poor – June 20, 2013
iPhone users smarter, richer than Android phone users – August 16, 2011
Yankee Group: Apple iPhone owners shop more, buy more, remain more loyal vs. other device users – July 20, 2010
[Thanks to MacDailyNews Reader “Rayzor” for the heads up.]
Now can the rest of the retailers get on board the Apple Pay train, already???
Amazing how some half wit can see Apple Pay and try to make a bad copy, then wonder why it fails spectacularly.
Saying that, I’ve seen major banks running firewalls that are so out of date when I try to get some support from the Vendor I’m literally laughed off the phone.
Prolonged death scene… 💤
Is CurrentC officially beleaguered!? 🖖😀⌚️
ding dong, the witch is dead, the witch is dead…
The clumsy app that uses QR codes and takes money right out of your bank account is falling? Gee, what a surprise.
Once again, a reminder to try using Apple Pay at any retailer with a self-swipe card terminal, even if they don’t display the Apple Pay or contactless card logo. You’d be surprised how often it works.
——RM
next up: Samsung Pay
MCX was basically Wal-Mart as they were the driving force behind it. They want very much to control everything in and about their stores so they squeeze the last nickel from it.
You will know MCX is dead when Apple Pay works at Wally World.