Thursday, October 30, 2014

CurrentC by MCX in the News

Want to see a slew of stories on the primary Apple Pay competitor, CurrentC?

Just Google it.

Here is the best one, with the best facts (and only the facts):

http://www.pymnts.com/news/2014/what-currentc-didnt-say/#.VFKYeyLF_9Y

Here is the summary from that story:

According to it’s CEO, [Dekkers Davidson], CurrentC is a healthy and robust platform that will launch at some point in early 2015 and have “many fabulous features,” that may or may not include loyalty programs and may or may not allow users to use credit cards in the future.

CurrentC will be offered at retailers through out the country who may or may not also be offering Apple Pay, because they may or may not be allowed to do so under the terms of their agreement with MCX. However, if any of those merchants offer Apple Pay, they won’t be subject to penalties.

MCX houses its data in a totally secure cloud based platform that has been under siege from cyberthieves for the last seven days. That system may or may not be similar to Apple’s in some way, and it is being tested by an unknown number of consumers and retailers at various undisclosed locations nationwide, where it may or may not be going well.

For more specifics, stay tuned to sometime in early 2015, when CurrentC goes live. Or not.

Interesting times we are living in.

Happy Reading,

J.W. Gant

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