NEW YORK: The rival app to Apple Pay and Google Wallet, CurrentC, has been hit by the hackers even before its launching.
CurrentC partners CVS (CVS) and Rite Aid (RAD) made news earlier in the week for boycotting tap-to-pay technologies like Apple Pay and Google Wallet in favour of their own flavour of mobile payments.
On Wednesday, those taking part in the CurrentC pilot program received a warning from the consortium of anti-credit-card retailers called MCX, or Merchant Consumer Exchange: The program was hacked in the last 36 hours, and criminals managed to grab the email addresses of anyone who signed up for the program.
MCX confirmed the hack, adding what’s become a go-to line for any company that loses your data: “We take the security of our users’ information extremely seriously.” It’s a rough start for an app that aims to be a competitor to Apple Pay and Google Wallet.