Isis, the national mobile commerce joint venture between AT&T, T-Mobile and Verizon, has announced the addition of Visa, MasterCard, Discover and American Express to its mobile commerce platform.
According to Isis, the move makes it the first mobile commerce platform with full support of all four national payment networks. This will allow merchants and consumers greater ubiquity and freedom of choice when it comes to payment network acceptance.
Slated for launch in Salt Lake City and Austin next year, Isis will allow customers to make purchases, store loyalty cards and redeem coupons all with the tap of an NFC-enabled phone.
“Today’s announcement underscores Isis’ inclusive approach, providing all critical stakeholders – banks, merchants and consumers – with the freedom and choice necessary to foster a robust new industry and make mobile commerce a reality,” Isis said today in a release.
“Since the formation of Isis in November, we have been committed to building a mobile commerce platform that aligns and advances the interests of consumers, merchants and banks,” added Michael Abbott, CEO of Isis. “By working with the nation’s payment networks – Visa, MasterCard, Discover and American Express – we significantly advance the vision of an open and secure platform that provides banks and merchants with a new and highly relevant way to connect with consumers.” ![[end]](/resources/bullet/nfcnews-4.gif)
Isis signing up all major credit card companies for its mobile wallet platform is good news for consumers. It means that the user, not the service provider, will make the choice of which payment card they will link to their mobile payments account. Eventually I believe that our mobile wallets will become very much like their physical counterparts and take all of our cards, cash and whatever other payment methods may be available by then. http://blog.unibulmerchantservices.com/isis-to-allow-consumers-to-link-any-credit-card-to-a-mobile-payments-account