Merchant Customer Exchange (MCX) announced that it plans to launch CurrentC, its very own mobile payment app, sometime in the middle of this year. The new mobile payment platform is an attempt by a band of merchants to find a new way around the dreaded "swipe fees" associated with credit cards. Even retailers accepting Apple Pay have to succumb to swipe fees when the payment is tied to a credit of debit card. MCX will create a private pilot program to test the app in a mid-sized market. Later this year, the group plans to rollout CurrentC nationwide.