I find it hard to believe that the consumer benefits of CurrentC (pretty much just that it works on phones without NFC) outweigh the PITAness of the system. A W

I find it hard to believe that the consumer benefits of CurrentC (pretty much just that it works on phones without NFC) outweigh the PITAness of the system. A Walmart-issued card could be directly linked to a Walmart account and people inside that closed ecosystem that bypassed the credit card companies (saving Walmart that precious 2%) would be easier and safer using a Walmart card than CurrentC, at least as currently described. It looks to me like a very expensive way for some midlevel executive at Walmart to collect huge bonuses for a few years and then get fired after burning through billions with no appreciable change in the mix of payment systems.