Apple Pay Competitor CurrentC Emails Hacked

CurrentC, which is a mobile payment system backed by the Mercantile Exchange (MCX), and one of Apple Pay’s biggest competitors has emailed pilot users advising them that an “unauthorized third party had obtained email addresses of some of its users”, the MCX confirmed to CNBC in an email statement.

"Yes. 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.”

CurrentC is saying that many of the emails where dummy emails and were used for testing purposes. CurrentC is who Rite Aid and CVS are using since dropping out of the Apple Pay program that made news earlier in the week.

Check out CNBC for more information.