CurrentC May Not Launch Until Next Year

Jason Del Rey, reporting for Recode:

CurrentC, the payments app being created by a consortium of big retailers known as MCX, may not launch widely this year as originally planned, MCX CEO Brian Mooney told Re/code in an interview on Tuesday. The company will begin a public pilot of its app in Columbus, Ohio, in a few weeks and will not rush a wider rollout if the product is not ready, he said.

“This is a long game,” Mooney said. “Certainly going faster is always better — that’s not necessarily a debatable point. But we’re going to do it right.”

Where by “we’re going to do it right”, he means “we are doing it all wrong”.

★ Wednesday, 12 August 2015