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Wireless

Time is running out for CurrentC m-payment brand

Friday 30 January 2015 | 14:28 CET | Author: Bart Garvelink | Background
MCX, the mobile payment initiative launched in 2012 by large retailers promises to launch m-payment this year. The CurrentC service is still under construction, even though it is based on technology that was already widely available in 2012. Part of the reason for MCX to launch CurrentC was to battle card transaction fees. From the outset, the service did not seem to offer any benefits to the consumer, nor to the retailer. Three years later, time is running out.

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Categories: Mobile & Wireless
Companies: Apple / Google
Countries: United States
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