Payments & Cards
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Isis - The Social Payment
The Social Payment
What it does:
A mobile near field communications payments joint venture from AT&T, Verizon and T-Mobile
Replaces the credit card with tap-to-pay; Merchant offers and coupons activated at point of sale; Set preferences to receive offers; Track spending; Leverages existing payments networks.
Dependent on NFC for tap-to-pay functionality; Limited availability of NFC-enabled phones.
TBD; Trial slated for early 2012 in Salt Lake City, Utah.
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