As MMW reported earlier this week, rumors have been rampant lately that Isis would soon launch its Mobile Wallet solution nationally.
The mobile commerce joint venture created by AT&T Mobility, T-Mobile US Inc. and Verizon Wireless now confirms that the Isis Mobile Wallet will be available across the nation before 2013 comes to a close.
“Over the past nine months, we have proven the power of an open platform, creating an ecosystem of literally hundreds of partners dedicated to making mobile commerce a reality,” says Michael Abbott, chief executive officer of Isis. “As part of our commitment to consumers, we are incorporating feedback from our pilots into the next generation of the Isis Mobile Wallet as we prepare for national availability later this year.”
The Isis Mobile Wallet uses near field communication (NFC) technology to allow consumers to pay, redeem coupons and present loyalty cards with a tap of their smartphone. To use the Isis Mobile Wallet, consumers need an NFC-enabled smartphone and a SIM-based secure element, which together make the device Isis Ready.
Nearly 20 million smartphones in market currently feature NFC technology, with millions more being shipped each month by three of the nation’s leading carriers – AT&T Mobility, T-Mobile US Inc. and Verizon Wireless.
Thirty-five mobile devices across AT&T Mobility, T-Mobile US Inc. and Verizon Wireless currently support Isis and that number will continue to grow.
Support for iPhone, Windows Phone and Blackberry 10 is expected to be introduced later this year.