Wednesday, October 29, 2014

CurrencyC: The Mobile Payment System Supported by CVS Hacked Already

MCX, the retailer group that wants everything but your first-born from you, that is offering their own mobile payment system as an alternative to other forms of payment systems like NFC, is still months if not a whole year away from offering the dubious service.  The system, CurrenyC, is still in beta.  Neverthless, it's never too early to get hacked right?

That's exactly what happened when it informed beta testers and folks interested in the system that there was unauthorized access to their e-mails.  (Source:  Macrumors)

Given the bad press that CurrencyC is getting, I'm going to go ahead and make this prediction:  we're going to see some defections just ahead of the Christmas shopping season starts.

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