04 August 2015

Isis signs up terminal manufacturers

05 March 2012  |  9611 views  |  0 Fingers on smartphone keypad

Isis, the mobile commerce joint venture set up by a group of US telcos, has struck deals ensuring that its NFC payments technology works with VeriFone, Ingenico, ViVOtech and Equinox point-of-sale terminals.

The agreements mean that the terminal manufacturers will integrate and support the Isis mobile commerce application in current and future product lines.

Merchants will become Isis-enabled through a combination of new payment acceptance systems and NFC add-on devices, as well as remote software upgrades of some hardware already in the field.

Securing the participation of POS terminal makers comes a week after Isis brought Chase, Capital One and Barclaycard on board, with all three agreeing to load their credit, debit and pre-paid cards onto the telco-controlled mobile wallet. Visa, MasterCard, Discover and American Express are also signed up.

The service is slated to launch in Salt Lake City and Austin by the middle of this year before a nationwide roll-out. Isis recently claimed that it will have as many as 1000 merchant terminals ready for the launch.

Scott Mulloy, CTO, Isis, says: "Payment systems suppliers provide critical infrastructure for the development of mobile commerce. Today's announcement is an important step in enabling NFC technology adoption throughout the mobile commerce industry. It also validates the open platform approach being offered by Isis across multiple business sectors."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

27 February, 2012
12 October, 2011
27 September, 2011
20 July, 2011
23 June, 2011
26 May, 2011
05 April, 2011

Related company news


Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
ING Bank introduces voice-activated mobile...
11465 views comments | 28 tweets | 33 linkedin
Will Uber be the Uber of banking?
9606 views comments | 43 tweets | 33 linkedin
Deutsche Bank backs blockchain potential
7097 views comments | 34 tweets | 19 linkedin
MasterCard to connect Europe to Samsung Pa...
6986 views comments | 20 tweets | 16 linkedin
Payments and capital markets sectors domin...
6850 views comments | 17 tweets | 19 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job