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

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<p>Remember MCX <a href="http://9to5mac.com/tag/currentc/" target="_blank">CurrentC[/url], the QR-code based mobile payment system that attempted to take on <a href="http://9to5mac.com/tag/apple-pay/" target="_blank">Apple Pay[/url]? Launched <a href="http://9to5mac.com/2014/10/25/cvs-begins-disabling-nfc-terminals-in-stores-to-cut-off-apple-pay-support-in-favor-of-currentc/" target="_blank">two years ago[/url], it immediately started creating waves when it required its retail members to switch off Apple Pay <a href="http://9to5mac.com/2014/10/28/currentc-contract/" target="_blank">or be fined[/url]. If that weren’t bad enough, it was <a href="http://9to5mac.com/2014/10/29/mcxs-currentc-the-infamous-apple-pay-competitor-says-its-already-been-hacked/" target="_blank">quickly hacked[/url].</p>
<p>Apple Pay fans made fun of the service <a href="http://9to5mac.com/2014/10/30/currentc-app/" target="_blank">in app reviews[/url], and it wasn’t long before retailers started to <a href="http://9to5mac.com/2014/10/30/mcx-apple-pay/" target="_blank">break ranks[/url] and we saw some <a href="http://9to5mac.com/2014/11/04/mcx-currentc-apple-pay-exclusivity/" target="_blank">rapid back-pedalling[/url] on Apple Pay from one CEO before he was <a href="http://9to5mac.com/2015/04/28/mcx-ceo-replaced/" target="_blank">replaced by another[/url].</p>
<p>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 …</p>
<p> <a href="http://9to5mac.com/2016/05/17/mcx-currentc-dead/#more-431271" class="more-link">more…[/url]</p>
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