first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr I’m about to commit heresy in the eyes of most financial services professionals—so I might as well do so in the company of my credit union friends, where I’ll have at least a fighting chance for a few nods of agreement.For some time now, mobile payments and digital wallets have been the bright, shiny objects of the payments scene. Whether Apple Pay, MasterPass, Venmo, M-Pesa, or countless other solutions, their ultimate goal is to simplify the process of paying anyone, anywhere, at any time.And while the myriad players—banks, merchants, fintechs, handset providers—may also have their own agendas, the underlying objective of streamlining a low value-added consumer process is a valid one.The next step of this journey is quickly coming into focus in the form of beacon technology. Imagine being able to bypass the checkout line altogether at your brick-and-mortar grocer, convenience store, etc., with beacons tallying up the contents of your cart and seamlessly charging the card on file in your app. continue reading »last_img

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