Isis SIgns Up Credit Card Vendors to Mobile Payments Service

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­Isis, the USA based mobile commerce joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, has signed merchant agreements with Visa, MasterCard, Discover and American Express. Isis' relationships with all four payment networks mean that with Isis-enabled phones and payment terminals in place, merchants and consumers will have ubiquity and freedom of choice when it comes to payment network acceptance.

"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," said Michael Abbott, chief executive officer for 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."

Earlier this year, Isis announced Salt Lake City, Utah and Austin, Texas as initial launch markets, slated to roll out in the first half of 2012 with support from all four payment networks.

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Tags: [isis]  [at&t]  [t-mobile usa]  [verizon wireless]  [nfc]  [usa]  [american express]  [USA

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