Technology

To understand the future of credit-based transactions, credit unions need only look to the staples of American culture: coffee and donuts.

Two Palladium Group luxury hotels in Ibiza are now offering vacationers the option to use radio frequency identification-enabled wristbands for payments through PayPal.

Western Union has expanded it collaboration with MTN Group to provide mobile money transfers in the Ivory Coast.

Payveris is creating a new merchants solutions unit to connect banks, credit unions, consumers and merchants within the digital payments process.

Online cash payment provider Ukash is partnering with Numny, an electronic payment provider, to expand options for consumers in Saudi Arabia.

Square Appointments, the company's latest fee-based product, is the first in its lineup that can be used by merchants who do not also use Square to accept payments.

First Data and LocalVox are joining forces to provide a marketing technology platform for small and medium-sized businesses.

Mobile point of sale providers claim to serve the merchants that are too small for card acceptance: the gardeners, the babysitters, the flea market sellers. But this image is quickly fading as vendors pursue larger merchants, causing the upstart mPOS players to increasingly resemble the incumbents.

As Powa begins integrating its new point of sale system with vendor partners, the company expects its experience with EMV-chip acceptance to be a selling point.

As consumers warm to the idea of using their phones to make payments and manage accounts, they are flocking to merchant apps to do so. Instead of using one unified wallet, a shopper's phone may be stuffed with any of these payment-capable programs.