Category: Mobile Payments

Isis to launch October 22, 2012

 

Isis platform prepares for launch this month

There is a lot of attention surrounding mobile commerce and the various platforms that are becoming available to consumers, allowing them to participate in the burgeoning industry. Consumers have proven themselves to be keenly interested in the concept of using their mobile devices to make payments for goods and services, thus boosting the demand for mobile commerce platforms. Google has already launched its own platform, successfully attracting consumers from around the world. The company will soon face its most significant competition in the industry, however, as the Isis platform prepares for launch later this month.

Challenges facing platform may have been overcome

Isis is a mobile commerce platform and joint venture from AT&T, T-Mobile, and Verizon Wireless. The platform is much like other of its kind; it is able to facilitate mobile transactions using NFC technology. Unlike other platforms, however, Isis has managed to acquire the support of most of the world’s major credit and financial institutions. Despite this support, the launch of Isis has been delayed several times in the past, largely due to concerns regarding security and the viability of the features it offers.Isis mobile payments

October 22 marks beginning of aggressive promotional campaign

Isis is currently conducting trials of its platform in New Jersey and international markets, and believes that the time is quickly approaching for an official launch. As such, Isis has announced that it will launch to the commercial market on October 22 of this year. That day will mark the beginning of a near-month long promotional campaign in which consumers can purchase certain NFC-enabled mobile devices at a significant discount and receive a Visa pre-paid card that will be used with the platform.

Isis may be able to beat out Google in mobile commerce industry

Isis is poised to be the most significant competition that Google and other companies invested in mobile commerce will face. Backed by the support of a multitude of financial and credit organizations, the platform has already established a strong attraction with consumers. Moreover, Isis has been working hard over the past several months to educate consumers on how to use the platform to conduct mobile payments, something that other companies have not done.

Mobile commerce may be boon for web merchants

Web merchants may be starting to feel the need to embrace mobile commerce

Mobile commerceMobile payments are rapidly gaining the adoration of consumers around the world. Being able to make purchases for goods and services without using any kind of physical currency is considered to be both convenient and straightforward. For consumers, the advent of mobile commerce simply means a new way to pay for the things they want. The rise of the mobile commerce industry could mean something else entirely for online businesses that rely on the Internet and electronic mediums to serve customers.

Evolution of the Internet brings about significant changes to global market

When the Internet was young, web merchants used to cater only to the most tech-savvy of consumers. Now that everyone seems to have an intimate familiarity with the Internet, web merchants have had to adapt to appeal to a wider, more varied audience. Mobile commerce is the latest challenge that web merchants will have to adapt to or risk being left behind by consumers, lost in the ever growing tide of competition.

Web merchants have flexibility in mobile commerce pursuits

Web merchants have a variety of ways they can approach the issue of mobile commerce, but the vast majority of these approaches rely on NFC technology. Platforms like Google Wallet and the imminent Isis enable consumers to make payments using their smart phones, but businesses must be equipped to facilitate such transactions. Web merchants have some flexibility in the platforms they choose to support because they are not limited to physical technology, such as NFC terminals. This flexibility allows merchants to engage consumers who favor various types of mobile commerce platforms.

Platforms could be ideal for reaching out to consumers

Web merchants embracing mobile commerce will likely find NFC-based platforms ideal for marketing new products, discounts, and loyalty programs. Such initiatives can ensure repeat business, especially if consumers are treated with a memorable and well-crafted experience. Despite the benefits that mobile commerce can bring to web merchants, however, some businesses are expected to see more success in their endeavors than others. Whether mobile commerce is the best option for web merchants in an evolving world market is difficult to say for sure.