On August 15, 2012, MCX threw its hat into the mobile payments market ring when a group of retailers banded together to create its own, mobile-only, merchant-centric payments network.
Nearly four long and painful years later, on June 28, 2016, the experiment that was MCX and CurrentC will come to an end. Users’ accounts will no longer work after that date. Anyone who loaded a gift card onto the CurrentC wallet and didn’t hold onto that gift card will lose that balance after June 28. Gift card balances can only be transferred off the app if the user has the original gift card.
CurrentC — the mobile app — will cease to exist.
After thanking its beta test participants…
“We want to say a special thank you to everyone who participated in our CurrentC Beta test in Columbus, OH! We will be concluding our Beta on June 28, 2016.”
The site went on to say…
“We have not yet determined the future timing of CurrentC, but we will keep you posted.”
Over and out.