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Tag: CurrentC

Target Developing Its Own Mobile Wallet, Following Footsteps Of Walmart Pay

Target is said to be working on its own mobile payment system which would be similar to Walmart Pay. The rumor raises questions on the viability of CurrentC, which is the mobile wallet being developed by several retailers.

Apps/Software December 19, 2015

Rite Aid To Accept Apple Pay And Google Wallet On Aug. 15

After initially refusing to accept NFC mobile payments in support of still unavailable CurrentC, Rite Aid now has a change of heart.

Business August 12, 2015

Home Depot Will Be Largest Apple Pay Partner With Support At 2,000 Stores

Home Depot is looking to sign up as an Apple Pay partner, contradicting inaccurate reports that the retail giant has dropped support for the mobile payment platform.

Business May 7, 2015

Samsung Buys LoopPay But Can It Make A Dent In The Mobile Payment Industry?

Samsung has announced the acquisition of LoopPay, a mobile payment service that the company is expected to use to launch a mobile payment service of its own. But does Samsung have a chance in the increasingly competitive mobile payment industry?

Business February 20, 2015

Mobile Payment Boasts Rosy Future, But Some Obstacles Remain in Play

Mobile payments are gearing up for a big year thanks to several factors, including the launch of Apple Pay and retailer incentives to consumers to use the technology. But as industry watchers note, there are still a few challenges to hurdle before mass adoption.

Apps/Software January 6, 2015

MCX may welcome Apple Pay after hackers steal email addresses of CurrentC pilot program participants

MCX's CurrentC isn't live yet, but it has already been hacked. The security breach has prompted the retailer consortium to re-evaluate its strategy, which may include support for the Apple Pay after all.

Money October 30, 2014

Apple Pay rival hacked. Has anyone seen Tim Cook around?

Apple Pay rival CurrentC has been hacked and a number of emails stolen during a testing phase of the new mobile payment service. The news comes as a blow to the MCX, the group behind CurrentC, which is attempting to build consumer trust before the official launch of the app.

Apps/Software October 29, 2014

Wonder why Walmart, CVS, Rite Aid and other retail giants said no to Apple Pay? Here's why

Walmart, CVS and Rite Aid have disabled support for Apple Pay in favor of a bulkier, less secure solution called CurrentC, which will not be around until next year.

Business October 29, 2014

Apple Pay snubs, stumbles no biggie, claims CEO Tim Cook

There have been ups and downs early on as Apple Pay attempts to drive deep into the mobile payments market. But for Apple CEO Tim Cook, the struggles of his company's virtual wallet platform pale in comparison with its victories.

Apps/Software October 28, 2014

Alibaba: We'd love to hook up with Apple Pay and Tim Cook is just as interested

Jack Ma, the richest person in China, wants to join forces with Apple CEO Tim Cook on an endeavor to expand Apple Pay. Though Apple's virtual wallet system has had its challenges, it welcomed more than 1 million new accounts within its first 72 hours of availability, says Cook.

Apps/Software October 28, 2014

Apple Pay not every retailer's dream as two early supporters opt out

CVS and Rite Aid pull support for Apple Pay as they explore other options. As members of the rival MCX network, they may already have a strong idea in which direction they'll head for a virtual wallet platform.

Apps/Software October 27, 2014

Apple Pay faces big odds: Rite Aid, CVS join other retailers in saying 'No' to the hype

CVS is now the second major retailer to cut support for NFC payments, which includes payments using Apple Pay and Google Wallet. The ending of support is likely because CVS and Rite Aid, along with other retailers, plan to launch their own mobile payment system in early 2015.

Business October 27, 2014

Apple Pay? Wal-Mart and Best Buy look other way

Wal-Mart is not taking Apple Pay payments and will roll out its own mobile payment system instead. Will CurrentC be enough to beat Apple Pay?

Phones/Tablets/Mobile Tech September 15, 2014

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