There are many challenges for credit unions in delivering multiple forms of mobile payments. The key in today's environment is staying flexible and secure while giving members choices.
Just a couple of years ago when Apple Pay launched, some credit unions were hesitant about joining the mobile payment movement.
"Some had to pause and take the time to choose if they were going to participate," Cindy McGinness, manager of digital channels for the St. Petersburg, Fla.-based CUSO PSCU, said.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
