By adding American Express Serve to the Wallet, customers will be able to pay bills online and send money to friends and family, as well as add cash to their American Express Serve account or fund it using an existing bank account, any credit or debit card or through direct deposit.
Under the terms of the partnership, customers will be able to use eligible American Express Serve accounts within the Isis Mobile Wallet to load funds to their American Express Serve accounts from a variety of sources, including a bank account, debit, credit or charge card, or by receiving money from another American Express Serve account. They will also be able to load cash to their American Express Serve account; tap and pay with their phone at any NFC-enabled retail location that accepts American Express; use their American Express Serve Card at any merchant that accepts American Express Cards, both online and offline; pay bills electronically; make person to person (P2P) payments to other American Express Serve accountholders and add funds using direct deposit.
The Isis Mobile Wallet uses near field communications (NFC) technology to allow consumers to pay, redeem coupons and present loyalty cards with their mobile phones. American Express US Consumer and OPEN Small Business Cards are currently available in the Isis Mobile Wallet. Isis recently announced plans to expand nationwide later in 2013.
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