Starting mid-2012 consumers are set to be able to load their Chase, Capital One and Barclaycard cards into their Isis mobile wallet and shop at participating 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.
In July 2011, Isis teamed up with Visa, MasterCard, US-based direct banking and payment services company Discover and US financial services company American Express to allow consumers and merchants to operate payments via Isis-enabled phones and payment terminals in place.
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