updated 10:45 am EST, Mon March 5, 2012
Isis partners with payment hardware makers
Isis, which is due to kick off this summer, has now secured cash register and payment hardware makers VeriFone, Ingenico, ViVOtech, and Equinox Payments as partners. They have vowed to integrate the Isis Mobile Commerce Application wireless payments technology into their future products. Isis will use NFC technology for payments, digital couponing, location-based social media offers, and more. It's a competitor for Google's Wallet offering.
The payment terminals will have new payment acceptance systems and NFC-compatible add-ons. Some gear that already has the needed hardware in place will be upgraded using a remote software update.
Ingenico's new Telium range of devices are NFC-enabled, while Equinox' next-generation L5000 hardware will have compatibility.
Isis, which includes AT&T, T-Mobile, and Verizon as partners, is hoping to become the de facto standard for mobile payments in the US. Until now, though, its plans were considerably less complete than Google's which, while small, has been actively running Wallet with a handful of Nexus S 4G and Galaxy Nexus phones using MasterCard's PayPass.