Tag: isis mobile payments

A number of software providers and payment terminal manufacturers have just agreed to integration.

According to an announcement from Isis, a number of new terminal manufacturers and software providers have now committed to integrate the Isis SmartTap mobile payments option into their own products.

This is considerable news as Isis has also recently revealed that it intends to launch nationwide this year.

The SmartTap protocol is only the latest of the proprietary mobile payments software specifications being used by this smartphone wallet service for leveraging NFC technology. These deployments are expected to cover a broad range of different offerings at the point of sale, according to Isis. This includes everything from unattended solutions such as vending, to point of sale terminals with high end integration.

Isis mobile payments users will be able to pay at a terminal or NFC reader that is supported.

When the SmartTap protocol is supported by a payment terminal or an NFC reader, it makes it possible for users of the Isis mobile payments wallet service to be able to pay for their purchases, redeem offers, and present loyalty cards within a single transaction, using a smartphone.

According to the Isis chief sales officer, Jim Stapleton, in a news release that was recently issued, “NFC is the international standard for mobile payments.” Stapleton added that “The proliferation of SmartTap capabilities at the point of sale takes mobile payments one step further, providing rich commerce features that offer an effortless consumer experience and drive engagement and loyalty in a way previously not possible.”

Providers that support the capabilities of SmartTap are making it possible to enable mobile payments and commerce in a broad spectrum of different environments, such as at gas pumps, public transit systems, vending machines, taxi cabs, supermarkets, retail stores, and restaurants.

Among the latest partners that are integrating the mobile payments capabilities of SmartTap into their product lines are On Track Innovations Global, Uniform Industrial Corp, PAX Technology, ID TECH, and XAC Automation corp. Those that have already integrated the capabilities into their point of sale offerings include VeriFone, Gilbarco Veeder-Root, Equinox Payments, Ingenico, and Wayne, A GE Energy Business.

The carrier backed digital wallet has just tied up a number of contracts to help its expansion across the nation.

Isis, the mobile payments wallet that is backed by three of the leading carriers in the country has recently announced that it will be going nationwide before the end of the year and it has just tied up a number of important contracts ahead of that rollout.

The announcement is following the pilot trials that have been held at Salt Lake City and in Austin.

The mobile payments wallet has partnered up with Amex, and Chase. The most recent partnership is with Chase, so that their Freedom, Sapphire, Slate, and JP Morgan Palladium cards will be supported by the service. Isis has already reached similar deals with both American Express as well as with Capital One. Once the cards have been loaded into the Isis app, they can be used for completing transactions at any retailers that accept this form of payment.

The mobile payments wallet from Isis is based on NFC technology.

This means that in order to make mobile payments through the app, the user simply has to tap the device against an NFC technology enabled point of sale terminal. That said, it has been acknowledged by many industry experts that the adoption of devices that feature this technology remains quite slow. Moreover, there is a great deal of confusion among consumers regarding which devices do and do not have NFC technology. Moreover, Apple has not yet adopted this tech at all in any of the devices that it has released.

It has been suggested that Isis may have a contingency plan that will help to boost its initial traction by holding off its primary focus as a mobile payments service and focusing on the other elements of the wallet app, such as loyalty rewards and smartphone friendly couponing. These have been important drivers in mobile commerce, so it could be that they can make all the difference in boosting the popularity of the app.

This most recent news of the mobile payments partnership with Chase has only managed to open more doors for Isis, as it grows the number of cards that it can support.