CurrentC Mobile Payment, An Apple Pay and Credit Card Competitor

The company named Merchant Customer Exchange (MCX) has just released its new mobile payment called CurrentC, based on QR codes technical. The MCX company have planned to launch this project in the first half of 2015, but you can download its app right now from iTunes store or Play for Android store.

What is CurrentC ?

The CurrentC is a mobile payment based on QR codes technical and you need to link your Checking account to CurrentC to pay your bills because it isn’t supported for VISA or MasterCard to saving money from transaction fees.

How does CurrentC works ?

First, the payment terminal shows will show you a QR code and you need to scan it using your smartphone & CurrentC app (download above). After that, your phone will present a QR code to let casher to using a QR code reader of the payment terminal to scan it and take payment from you.

scan payment terminal with currentc
Scan payment terminal QR code with Currentc app.
Give casher your QR code on your phone.

Where I can use CurrentC ?

The MCX company operate over 110,000 retail locations such as:

  • 7-Eleven
  • Bed, Bath & Beyond
  • Best Buy
  • Chilis
  • CVS
  • K-Mart
  • Lowe’s
  • Sears
  • Target
  • Wal-Mart

take a look at image below for full list:

List of retail location support CurrentC mobile payment.

Hold on, not like the Apple Pay which designed to be a privacy mobile payment, the CurrentC is designed to track customer’s shopping habits and all of your receipts and other data will be stored on its cloud server.

So, lets us know which you are prefer ? The CurrentC or Apple Pay ?