Ashlee Kieler, reporting for The Consumerist:

Weeks after CurrentC was delayed (again) and half the team was laid off, the mobile payment that was supposed to serve as a merchant-backed alternative to payment systems from Apple and Android may be over for good. Or at least that’s the impression one might get from an email sent to testers of the system.

A couple of key points from the email:

• June 28 will be the last day that transactions will be accepted using CurrentC.
• All active accounts will be disabled on June 28 and those users will not be able to access their account from the app.

We all know it’s bound to happen eventually, this is just another sign of the inevitable.