Hands on with Apple Pay Competitor CurrentC
johnszumski.com
Hands on with Apple Pay Competitor CurrentC
1–10 of 49 posts
Re: Hands on with Apple Pay Competitor CurrentC
#2I have to say, just because of the privacy implications, I'm much more inclined to use Apple Pay than CurrentC.
Re: Hands on with Apple Pay Competitor CurrentC
#3I believe CurrentC's (Paydiant's) QR code tokenization works the same as you've described Apple Pay tokenization - the merchant POS does not see any payment info other than a one-time-use token.
This was another decent teardown of Paydiant's Subway app - but it looks like someone high up has had some of the code redacted :) http://randywestergren.com/reverse-engineering-the-subway-an...
Functionally, it looks like CurrentC only has two advantages over *Pays - loyalty integration and big box retailer backing. Not likely enough, but will be interesting to see how it plays out in the lower end market where a flagship device is not required...
Re: Hands on with Apple Pay Competitor CurrentC
#4I have to say, just because of the privacy implications, I'm much more inclined to use Apple Pay than CurrentC.
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Re: Hands on with Apple Pay Competitor CurrentC
#5I believe CurrentC's (Paydiant's) QR code tokenization works the same as you've described Apple Pay tokenization - the merchant POS does not see any payment info other than a one-time-use token. This was another decent teardown of Paydiant's Subway app - but it looks like someone high up has had some of the code redacted :) http://randywestergren.com/reverse-engineering-the-subway-an... Functionally, it looks like Cu…
The checking account number listed in the screenshot is also printed on the receipt, so they don't appear to be tokenizing from a casual inspection.
Re: Hands on with Apple Pay Competitor CurrentC
#6Between the privacy concerns and the fact that it's ACH only, it sounds like it has a tremendous benefit for retailers.... and precisely none for me.
Re: Hands on with Apple Pay Competitor CurrentC
#7I believe CurrentC's (Paydiant's) QR code tokenization works the same as you've described Apple Pay tokenization - the merchant POS does not see any payment info other than a one-time-use token. This was another decent teardown of Paydiant's Subway app - but it looks like someone high up has had some of the code redacted :) http://randywestergren.com/reverse-engineering-the-subway-an... Functionally, it looks like Cu…
As far as loyalty integration, there is some of that in Apple Pay -- it supports my local supermarket and drug store (Wegman's and Walgreen's, respectively).
Re: Hands on with Apple Pay Competitor CurrentC
#8I believe CurrentC's (Paydiant's) QR code tokenization works the same as you've described Apple Pay tokenization - the merchant POS does not see any payment info other than a one-time-use token. This was another decent teardown of Paydiant's Subway app - but it looks like someone high up has had some of the code redacted :) http://randywestergren.com/reverse-engineering-the-subway-an... Functionally, it looks like Cu…
The checking account number listed in the screenshot is also printed on the receipt, so they don't appear to be tokenizing from a casual inspection.
I have worked with APIs in the past that would only make masked account numbers or last 4 digits available.
Stripe is a great example - after the initial card is created, everything is tokenized, and they only allow you to pull the last 4 digits as an identifier.
Re: Hands on with Apple Pay Competitor CurrentC
#9I believe CurrentC's (Paydiant's) QR code tokenization works the same as you've described Apple Pay tokenization - the merchant POS does not see any payment info other than a one-time-use token. This was another decent teardown of Paydiant's Subway app - but it looks like someone high up has had some of the code redacted :) http://randywestergren.com/reverse-engineering-the-subway-an... Functionally, it looks like Cu…
As far as loyalty integration, there is some of that in Apple Pay -- it supports my local supermarket and drug store (Wegman's and Walgreen's, respectively).
Any chance you can point me to a good demo? I haven't seen a good single-scan loyalty/payment demo for ApplePay yet, and the SamsungPay demo seems to imply it but isn't very clear...
Re: Hands on with Apple Pay Competitor CurrentC
#10I really don't understand what the companies involved with MCX are thinking. They build an app that is going in the opposite direction of where the market is heading and limit the amount of payments they accept.
I was in line at 7-11 at my university, where an girl was trying to use the currentc app. She was 2 people ahead of me, when I went up to pay she was still trying to pay with the app. At first her screen was to dim, and the scanner would not read the QR code. Eventually she was able to pay, but I was already long gone by that time. If you look on the google play store it has a rating of 1.1 starts.
This is straight from its website,"Merchant Customer Exchange is the only merchant-owned mobile commerce network built to streamline the customer shopping experience across all major retail verticals."
With an app that rates 1.1 stars and no improvement, I don't think it cares about the shopping experience, and people will see this eventually.