21 October 2017
Find out more

Isis signs handset makers to NFC m-payments system

27 September 2011  |  8663 views  |  1 Fingers on smartphone keypad

Isis, the contactless mobile payments venture set up by major US network operators, has signed up a group of leading handset manufacturers to its technology standards.

HTC, LG, Motorola Mobility, RIM, Samsung Mobile and Sony Ericsson will all introduce contactless-enabled devices that implement Isis' NFC and technology standards.

The venture - set up by AT&T, T-Mobile and Verizon Wireless - has also begun working with vendor DeviceFidelity to add NFC functionality to phones which do not have it inbuilt.

Isis was set up last year, as the telcos banded together in a bid to gain a slice of the rapidly expanding and competitive mobile payments market. In July they brought on board Visa, MasterCard, American Express and Discover.

The venture plans to roll out its service in Salt Lake City, Utah and Austin, Texas in the first half of next year before gradually spreading the offering nationwide.

Scott Mulloy, CTO, Isis, says: "Isis' technology standards provide the direction and certainty needed for the development and deployment of NFC devices and the mobile commerce ecosystem. Working together with the device makers and our founding mobile carriers, Isis can provide the consumer choice and scale necessary for widespread adoption of mobile commerce."
KeywordsBAIEFTPOS

Comments: (1)

Keith Richbell
Keith Richbell - eftpos Payments Australia Ltd. (ePAL) - Sydney | 27 September, 2011, 23:20

The questions is...where is the secure element? On the SIM or built in?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

Google launches mobile wallet

Google launches mobile wallet

19 September 2011  |  17517 views  |  1 comments
Americans trust Visa over Apple for m-payments

Americans trust Visa over Apple for m-payments

10 August 2011  |  13217 views  |  0 comments
Isis sign card networks to NFC m-payments service

Isis sign card networks to NFC m-payments service

20 July 2011  |  10854 views  |  0 comments
US telcos hire GE Capital's Abbott to lead contactless m-payments venture

US telcos hire GE Capital's Abbott to lead contactless m-payments venture

16 November 2010  |  10796 views  |  0 comments
US telcos team on contactless m-payments venture - Bloomberg

US telcos team on contactless m-payments venture - Bloomberg

02 August 2010  |  11736 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com visit www.niceactimize.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8653 views comments | 21 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8593 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7690 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7149 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6760 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job