mcx

CurrentC Gets Delayed Again, Half Of Team Laid Off

CurrentC Gets Delayed Again, Half Of Team Laid Off

Yesterday, Walmart deployed its QR code-based Walmart Pay mobile application in more stores in Arkansas and in stores across Texas. In a piece of news with curious timing, CurrentC, the mobile payment solution that was supposed to serve as a merchant-backed alternative to payment systems from Apple and Android, has been delayed again and the company behind it has laid off half of its employees. [More]

Some Best Buy Stores Now Taking Apple, Android Pay

Some Best Buy Stores Now Taking Apple, Android Pay

Best Buy continued its love affair with Apple this week, as several locations of the electronics retailer started accepting the tech company’s mobile payment system. Alert consumers began noticing a few days ago that some Best Buy locations now allowed customers to pay with both Apple Pay and Android Pay, just a month after the retailer’s exclusive agreement with MCX – a consortium creating payment platform CurrentC – ended. The retailer announced back in April that it would start offering Apple’s payment option at some point in 2015, but failed to elaborate on a timeline. [Apple Insider] [More]

Apple Pay Unavailable At Home Depot As Retailer Upgrades Payment Terminals

Apple Pay Unavailable At Home Depot As Retailer Upgrades Payment Terminals

Though Home Depot was never officially a partner with Apple’s Apple Pay mobile payment platform, which allows users to pay using credit card information stored their phones, the home improvement chain’s NFC-enabled checkout terminals worked with Apple Pay — until recently, that is. The retailer has begun the process of upgrading its in-store payment system, meaning that Apple Pay and other mobile payment platforms are now unavailable. [More]

Best Buy Changes Mind, Ends Its Ban On Apple Pay

Best Buy Changes Mind, Ends Its Ban On Apple Pay

When Apple Pay launched last fall, Best Buy was among the most high-profile retailers who refused to accept the new mobile payment platform because of its allegiance to the in-development CurrentC, a competing service from a Walmart-led coalition of retailers. But with CurrentC’s rollout still lingering in the vague future, Best Buy has decided it’s time to give Apple Pay a shot. [More]

Walmart-Led Apple Pay Competitor Requires Months Of Exclusive “Breathing Room”

Walmart-Led Apple Pay Competitor Requires Months Of Exclusive “Breathing Room”

Even though it hasn’t launched, mobile payment system CurrentC is already making headlines, and not just for being hacked. It’s also the reason iPhone 6 users can’t use Apple Pay at some of the country’s biggest stores, including Walmart, CVS, and Best Buy. But the CEO of the Walmart-led consortium behind CurrentC says that its backers won’t be blacking out Apple Pay forever. [More]

A screengrab of the e-mail being sent to beta testers of the CurrentC app.

CurrentC, Walmart-Led Competitor To Apple Pay, Has Already Been Hacked

A number of major retailers, most notably Walmart, have yet to allow shoppers to use the recently launched Apple Pay system at checkout, and national drugstore chains Rite-Aid and CVS stopped offering Apple Pay as an option after only a few days. That’s because all of these retailers are part of a consortium working on a competing system called CurrentC, which by the way, has already been hacked. [More]