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A major Apple Pay rival just had a security breach

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Talk about bad timing


The Merchant Customer Exchange (MCX), a consortium of more than 50 U.S. retailers working on an alternative to Apple Pay, announced Wednesday that its service, called CurrentC, has experienced a security breach



"Within the last 36 hours, we learned that unauthorized third parties obtained the e-mail addresses of some of our CurrentC pilot program participants and individuals who had expressed interest in the app," a representative for MCX said in a statement provided to Mashable. "The CurrentC app itself was not affected." Read more...


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