Isis, the mobile commerce joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, is set to develop an open mobile commerce platform for US consumers and merchants. Isis is expected to enable consumers to carry out mobile contactless payments via NFC technology at retail outlets such as restaurants, movie theaters and drug stores. Consumers will be able to pay, present loyalty cards and redeem coupons with a tap of their phones.
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