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Apple Pay Rival and Walmart-backed MCX Hacked, User Emails Snatched

Merchant Customer Exchange (MCX), a partnership between retailers including Rite Aid, Sears and Walmart that’s building an Apple Pay competitor, notified customers today that it had been hacked.

MCX, which describes itself as “the only merchant-owned mobile commerce network built to streamline the customer shopping experience,” told users that a third party had gained access to customer email addresses and that it had learned of the breach in the last 36 hours. The Needham, Mass.-based company is currently beta testing its main product, CurrentC, an app that will allow users to pay at physical retail stores with their phones.