Title | CurrentC Hacked, Email Addresses Stolen | |
Date | Wednesday October 29 2014, @11:59PM | |
Author | azrael | |
Topic | ||
from the who'll-pay-for-this dept. |
Techcrunch.com are reporting that MCX (Merchant Customer Exchange), the coalition of retailers including Walmart, Best Buy, Gap and others, who are backing a mobile payments solution CurrentC has been hacked. The data breach involves the theft of email addresses.
CurrentC are working hard to bring their own mobile payment solution to the market and recently made a number of retail chains turn off their contactless (NFC) card readers to prevent people paying with the competing Google Wallet and Apple Pay.
Are proprietary solutions becoming the new norm? Previously, all TVs could display all channels being broadcast and either cash or standard, mainstream credit cards were universally accepted but the new direction seems to be a plethora of incompatible technologies for the benefit of the vendor instead of the customer.
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