Like similar services, SpotPay uses mobile phone technology to make payments mobile easy to make.

Credit unions can enlist their members in the payments revolution. A new service from Fiserv, called SpotPay, along with similar services such as Square are expanding the universe of payments that can be settled on credit or debit cards. 

But the big differences between SpotPay and others is that credit unions can offer SpotPay to their members from a co-branded format and can share in the interchange income.

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