Looking through CurrentC it does everything for Merchants, and nothing for customers.
- Requires to be tied to checking account or debit card
- Customer assumes 100% of liability for fraud (?!)
- Retailer can gather all purchase data on a customer
- Requires multistep actions including scanning QR codes
What benefit is in there for the customer? You know people are going to freak out around the liability part. I know the retailers want to reduce their transaction fee, but unless they throw some level of enticement (such as a discount) you probably won't see adoption of this. Conversely a discount will just nullify the transaction fee. I'm of the belief CurrentC is DOA.
And the funny thing is that the consortium pushing CurrentC literally TELLS YOU that "CurrentC is ALL for the benefit of the customer".
Specifically: they're a pack of lying thugs, fuck'em all.
Pay them with single dollar bills whenever possible, ideally when they force you to use CurrentC tell them to go jump for being a bunch of lying thugs and mongrels, and then walk out and shop elsewhere.