Tag: isis nfc technology

Isis mobile wallet activates 20,000 new users per day

The company also stated that it brought in 600,000 new members over the last month.

The Isis mobile wallet joint venture in the Unites States has now released a report that has indicated that it is activating an average of 20,000 new users per day, and that during the last month, it enjoyed an addition of 600,000 members over what it had previously registered.

Isis is the joint venture that brings AT&T Mobility, Verizon Wireless, and T-Mobile U.S. together.

This mobile wallet, like the other giants in this category, had a very slow start, facing far more challenges to adoption than had been anticipated. Now, it is gradually releasing a trickle of data to help to show its marketplace performance since its initial nationwide launch in November. Michael Abbott, the CEO of the company, wrote in a blog post that the current activation rate had reached double what it had been during the month before. That said, the company failed to mention exactly how many total activations had occurred since its NFC technology using mobile payments service became available.

There are now 68 different device models from the telecoms that support the Isis mobile wallet.

At the same time, Isis comes preloaded on 14 smartphones from Verizon, T-Mobile, and AT&T, and the plan is to add even more preloaded devices in the future. In his blog post, Abbott added that “We plan to further broaden our ecosystem of partners to provide customers with more options as well as new ways to save. We’ll continue to offer compelling consumer deals–all with the goal of helping consumers become ever more comfortable with mobile wallets.”Mobile Wallet - Isis

He also explained that in that vein, they will maintain their goal toward innovation to ensure that the users of Isis will be able to take advantage of an experience that is “simple and enjoyable” as they make their product purchases and complete their payment transactions.

A spokesperson for the company underscored the fact that this mobile wallet is now accepted at “hundreds of thousands” of store locations across the country that currently support mobile payments using contactless NFC technology. Some of these include Coca Cola vending machines, Jamba Juice, and even McDonald’s.

NFC technology solution created by Proxama for Isis

The company has come up with a new near field communication solution for the mobile wallet.

The leading NFC technology provider for mobile wallets and engagement tech, Proxama PLC, has announced that it will be working with Isis for its mobile payments solutions.

This partnership is meant to help to boost the Isis mobile wallet app for enabled devices.

Isis is the mobile wallet venture created by Verizon Wireless, T-Mobile USA, and AT&T Mobile. They will be working with Proxama in order to develop the app for NFC technology enabled devices through the use of the BlackBerry 10 operating system. The effort is meant to help to expand the use of the wallet within the North American marketplace.

The use of NFC technology based mobile wallets has been slow to take off, so the hope is that this will help.

Business Partnership - NFC TechnologyThe Proxama managing director, Miles Quitmann, explained that “The roll out of Isis is a significant step forward for NFC as a mainstream consumer technology. We are delighted to be working with Isis on this very exciting venture. Proxama has built up an enviable position in the mobile wallet space. The North American market is a really important one for us.”

The technology platform at Proxama has been shown to be effective in supporting customer loyalty, engagement, and secure contactless payments through the use of NFC technology. Proxama is already working with some of the top brands through this tech, such as Barclaycard, EE, KFC, EAT, and others. These have helped to expand the use of mobile wallets and to boost customer engagement.

At the moment, the adoption of NFC technology based payments has been held back primarily by the limited number of devices that are equipped with these chips. However, as a growing number of device models are released with near field communication, and as the awareness of these types of payments begins to expand, it is believed that it will not be very long before these mobile wallets become a part of the mainstream for completing purchase transactions at a point of sale in a brick and mortar store.