By Jacob Collins |Staff Writer| CurrentC, an application being developed by retailers, could circumvent fees applied to credit card transactions. The app would act as a mobile wallet on users’ phones that they could use to make purchases without having to physically use cash or a card. The app is still in development but could be ready for public use as early as 2015. Unlike the new Apple Pay app, which is exclusive to the IPhone 6 and IPhone 6 Plus and uses Near Field Communication (NFC), CurrentC utilizes the phone’s camera and Qr codes, so it would work with most market smartphones. The company behind CurrentC, Merchant Customer Exchange (MCX) was originally incorporated in … [Read more...] about CurrentC tries to combat Apple pay