MCX announces it’s ending CurrentC beta test, postponing further releases

currentc

MCX (the Merchant Consortium Exchange) has notified testers that it will be ending its CurrentC beta test soon. The Consumerist on Tuesday shared an email sent by the company, telling users that it’s going to shut down the mobile payment service on June 28.

On that day, all active accounts will be disabled and beta testers will not be able to access their accounts through the CurrentC app. Worse than that, the email also says that MCX is postponing further releases of CurrentC, and there are no plans for an official launch…. Read the rest of this post here



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Source: iDownloadBlog

Apple Pay rival MCX ending CurrentC beta test, deactivating all user accounts

After laying off some 30 employees last month, The Merchant Consortium Exchange, or MCX, announced today that it is ending its the ongoing CurrentC beta test and postponing all future releases. The beta test will be suspended on June 28th, according to an email sent to beta testers in Columbus, Ohio and obtained by The Consumerist.

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Filed under: Apple Pay Tagged: Apple pay, currentc, MCX
Source: 9to5 Mac

Apple Pay rival MCX finally throwing in the towel, ‘postponing’ nationwide rollout

Remember MCX CurrentC, the QR-code based mobile payment system that attempted to take on Apple Pay? Launched two years ago, it immediately started creating waves when it required its retail members to switch off Apple Pay or be fined. If that weren’t bad enough, it was quickly hacked.

Apple Pay fans made fun of the service in app reviews, and it wasn’t long before retailers started to break ranks and we saw some rapid back-pedalling on Apple Pay from one CEO before he was replaced by another.

Little has been heard from MCX since, and it’s no surprise that the consortium finally appears to be giving up on the idea – though it has stopped a little way short of admitting as much …

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Filed under: Apple Pay Tagged: Apple pay, currentc, MCX, Mobile payment, Mobile wallet
Source: 9to5 Mac