Somehow, the mobile payment war has begun, and the competition hasn’t even launched yet. CurrentC, an NFC mobiel payment system designed to put into operation in 2015, is being backed by Walmart, Kmart, 7-Eleven, CVS, Rite-Aid, Best Buy and many others. By blocking Apple Pay on the iPhone 6 and 6 Plus, the coalation has alientated millions of potential customers from paying for purchases with their phones.
All of this in the spirit of competition, not in spite, apparently. But, take into account the ironic stature that CurrentC is in: not a single bank backs CurrentC — banks do back Apple Pay, however.