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Isis - The Social Payment

The Social Payment


Isis


What it does: A mobile near field communications payments joint venture from AT&T, Verizon and T-Mobile

Pros: 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.

Cons: Dependent on NFC for tap-to-pay functionality; Limited availability of NFC-enabled phones.

Availability: TBD; Trial slated for early 2012 in Salt Lake City, Utah.

More info: Isis Sees Mobile Payments Succeeding Through Partnership;

Mobile NFC Venture Isis Loses Ambition in the Face of Competition

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