In the "old days" (about five years ago), wallets were made of leather or fabric and held cash and plastic cards. Today, they're being swallowed by smartphones.
It's created a chaotic environment for credit unions, largely because it seems like everybody — retailers, consortiums, other financial institutions — is jockeying to stake a claim in mobile payments technology. But there are a few things experts say credit unions should know to avoid being left in the dust.
1. Retailers aren't willing to wait for someone else to supply the technology.
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