Thread: Electronics Apple Watch
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Old 09-15-2014, 01:30 AM   #89
AustinChief AustinChief is offline
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btw, for those following NFC, everyone dragged their feet so long that now there is a legit threat to it. CurrentC

CurrentC has a MAJOR advantage in that retailers won't pay credit card swipe fees. It will also work the same on EVERY smartphone regardless of OS. Pretty much all the big retailers (7-Eleven, Alon Brands, Best Buy, CVS Pharmacy, Darden Restaurants, HMSHost, Hy-Vee, Lowe’s Home Improvement, Publix Super Markets, Sears, Shell Oil, Sunoco, Target and Walmart) will have it sometime in 2015.

Now, Google Wallet works at something like 300,000 locations already so it's not going to be easy to dislodge those... but the savings to the retailers will make CurrentC their primary choice and make it a lot harder for Apple Pay and Google Wallet to expand.

btw, CurrentC won't allow you as a consumer to use a credit card through it, you would either preload it with funds or it would go through your checking account or merchant specific cards.

Shaping up to be an epic battle between merchants and the big credit cards networks.

This is tough for me because I loathe the credit card companies but I also think CurrentC is a step backwards in the tech arena.
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