Apple Pay Rival CurrentC Puts Brakes On Year-End Launch

The retail-backed payment platform may be delaying its rollout till next year.

CurrentC, the Apple Pay and Google Wallet competitor backed by some of America's largest retailers, may hold off on debuting its app this year, Re/code reports. Initially scheduled to go public in the summer of 2015, the product is now beginning a limited public beta in Ohio instead. According to Re/code, the company "will not rush a wider rollout if the product is not ready."

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