American Express and Isis announced Thursday that they will introduce American Express Serve to the Isis Mobile Wallet.
As MMW previously reported, Isis Mobile Wallet is poised for national roll-out before year’s end.
The new co-branded account will be offered in every Isis Mobile Wallet as a part of the launch.
According to the mobile payments partners, this arrangement will enable millions of Americans to tap and pay using their American Express Serve account.
By adding American Express Serve to the Wallet, customers will be able to pay bills online and send money to friends and family. They will also be able to add cash to their American Express Serve account or fund it using an existing bank account, any credit or debit card or through direct deposit.
“Linking the platforms will allow millions of people to conveniently and inexpensively manage and move their money,” says Dan Schulman, group president of Enterprise Growth at American Express. “From the palm of your hand, consumers including those without access to traditional bank accounts or credit can have access to everyday financial services. And our combined solution works in today’s retail environment, and in the emerging ‘tap to pay’ point of sale ecosystem.”