Tuesday, August 30, 2011

postheadericon AT&T, T-Mobile and Verizon give Isis mobile payment network a $100 million boost


How do you deal with Google 's New Wallet competing mobile payment system? Well, a $ 100 million cash infusion determined couldn 't hurt. AT & T, T-Mobile and Verizon plans to invest only that amount in Isis, said sources Business Week . This amount will probably increase, because Google is under no small feat, especially since wallet is already out of the ground, with nationwide trading partners and support for MasterCard PayPass. Although Isis was his first debut last year, Google Wallet, which was announced in May, clearly taken the lead. Isis is a little more than a top-level site at this point, although with three of the nation 's largest airlines supported, it might be a chance to catch up - especially if the carriers do not choose to partner with Google so that Sprint is the only mobile provider. We 're happy, healthy competition, some potential for wallet, especially when you consider that it was how Google was willing to look looking to create a monopoly. We expect a lot more on the Isis to come forward, but in the meantime keep the wallets - mobile payments can you be in your future, but for now, paper and plastic, where it 's on.

AT & T to give T-Mobile and Verizon raise Isis mobile payments network, a $ 100 million originally appeared on Engadget on Mon, 29 August 2011 07:21:00 EDT. Please read our terms for use of feeds.

Permalink | sourceBusiness Week

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