Mobile NFC Payments Platform ISIS Launching Soon
Posted August 30, 2012 at 10:30 am by Haroon Q. Raja
Announced months earlier, the ISIS NFC mobile payments project seems to be getting much attention in the media lately. The collaborative effort between T-Mobile, AT&T and Verizon Wireless, which is set to launch shortly, aims to bring NFC-based mobile payments to the subscribers of these carriers across United States as a competitor to Google Wallet.
In the change log of the latest software updated released for the T-Mobile Galaxy S II, mention of an ISIS/NFC update was spotted by XDA Senior Member manekineko. This can be considered evidence that support is coming to the Galaxy S II. Also, XDA Senior Member sn0warmy has started a Google Wallet vs. ISIS thread comparing the merits and demerits of each of these mobile payment platforms. ISIS is expected to support the other Android devices on these networks that feature an NFC chip, including variants of Nexus S, Galaxy Nexus, Galaxy S II, Galaxy S III, and other possible devices.
According to the official ISIS website, it is expected to launch some time this summer, starting with Salt Lake City and Austin serving as initial markets before expanding the rollout.
While Google Wallet started off with a partnership with MasterCard and Citi, ISIS is launching with partnerships with BarclayCard US, Discover, MasterCard, VISA, and American Express. This bringing a far wider direct payment card support than its Google competitor. However, given how Google Wallet can now work with any major credit card, this advantage is somewhat moot.
As mobile payments gain more and more popularity in the US, it’s great to see a new entrant in the industry, as that will lead to competition in which winners are often the consumers.
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