25 August 2016
Find out more

Isis signs Chase, Capital One and Barclaycard to mobile wallet

27 February 2012  |  16920 views  |  0 wallet

Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, has snagged deals with Chase, Capital One and Barclaycard to load their credit, debit and pre-paid cards onto the telco-controlled mobile wallet.

Isis says consumers will be able to use the virtual cards from its financial institution partners from the onset of its first commercial trials in mid-2012, starting with locations across Salt Lake City and Austin, Texas.

Last July, Isis - which has lagged rival Google in getting its mobile wallet on the high street - announced relationships with the top four U.S. payment networks: Visa, MasterCard, Discover and American Express.

The joint venture says the tie-ins with banks and card schemes underscores its inclusive approach to mobile payments. So far, Google has signed only Citibank to its own Wallet service.

"We believe Isis is strongly positioned to bring the convenience, value and simplicity of mobile commerce to consumers," says Stewart Holmes, senior director-mobile commerce strategy, Barclaycard US. "We're excited to build this offering for customers and our card partners with Isis and look forward to shaping the future of payments."

Isis says it will have as many as 1000 merchant terminals supporting the roll-out at its launch locations. Subscribers to the service will be able to scroll through a list of participating stores and elect to 'follow' certain merchants to receive loyalty and discounted shopping coupons.



Gwenn Bezard, research director with Aite Group says today's announcement sends a clear signal that Isis is serious about scaling mobile payments.

"While mobile wallets may look and smell the same from afar," she says. "Isis is setting itself apart by patiently building an ecosystem of issuer, network and merchant partners, offering an open platform that leaves partners in control of how they will communicate with their customers, and leaving the partners in control of sensitive payment and marketing data transiting over the platform."
KeywordsEFTPOS

Comments: (0)

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 disables pre-paid card provisioning following Wallet security scares

Google disables pre-paid card provisioning following Wallet security scares

13 February 2012  |  9949 views  |  0 comments
Google payments exec Gupta quits

Google payments exec Gupta quits

27 January 2012  |  7648 views  |  0 comments
Google Wallet coming to UK ahead of Olympics - report

Google Wallet coming to UK ahead of Olympics - report

12 December 2011  |  13083 views  |  0 comments | 1 tweets
Verizon refusing to support Google Wallet - report

Verizon refusing to support Google Wallet - report

06 December 2011  |  8382 views  |  2 comments
Google checks out of Checkout

Google checks out of Checkout

17 November 2011  |  9103 views  |  0 comments
NJ Transit partners Google on m-payments

NJ Transit partners Google on m-payments

19 October 2011  |  6837 views  |  0 comments
Google Wallet gets SingleTap for coupon redemption

Google Wallet gets SingleTap for coupon redemption

18 October 2011  |  10128 views  |  0 comments
Citi rounds on Isis, urges other banks to join Google Wallet

Citi rounds on Isis, urges other banks to join Google Wallet

12 October 2011  |  18036 views  |  5 comments
Isis signs handset makers to NFC m-payments system

Isis signs handset makers to NFC m-payments system

27 September 2011  |  8184 views  |  1 comments
Google launches mobile wallet

Google launches mobile wallet

19 September 2011  |  16927 views  |  1 comments
Americans trust Visa over Apple for m-payments

Americans trust Visa over Apple for m-payments

10 August 2011  |  12782 views  |  0 comments
Isis sign card networks to NFC m-payments service

Isis sign card networks to NFC m-payments service

20 July 2011  |  10402 views  |  0 comments
Google makes land-grab in new mobile commerce gold rush

Google makes land-grab in new mobile commerce gold rush

13 July 2011  |  12097 views  |  1 comments
PayPal sues Google and Bedier over m-payment trade secrets

PayPal sues Google and Bedier over m-payment trade secrets

27 May 2011  |  11985 views  |  1 comments
Google takes the wraps off mobile wallet

Google takes the wraps off mobile wallet

26 May 2011  |  15461 views  |  1 comments

Related company news

 

Related company information

JPMorgan Chase

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit equens.comFind out more

Top topics

Most viewed Most shared
hands typing furiouslyBlockchain: what to expect for 2017?
8044 views 0 | 53 tweets | 43 linkedin
hands typing furiouslyBig Data's Three Big Trends in 2016
6889 views 5 | 22 tweets | 13 linkedin
hands typing furiouslyHow Banks Are Losing Millions by Ignoring...
6195 views 9 | 21 tweets | 8 linkedin
Nordea looking for AI and blockchain breakthroughsNordea looking for AI and blockchain break...
6035 views comments | 17 tweets | 19 linkedin

Featured job

Find your next job