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Wells Fargo enters agreement with Isis

Monday 16 December 2013 09:12 CET | News

US financial services provider Wells Fargo and Isis, the US mobile commerce joint venture created by AT&T, T-Mobile USA and Verizon Wireless, have unveiled the first phase of an agreement that allows Wells Fargo Visa consumer credit card holders to load their cards into the Isis Mobile Wallet. This launch enables cardholders to pay, redeem coupons and present loyalty credentials, all with the tap of their phone.

Customers with Isis Ready smartphones available from AT&T, T-Mobile or Verizon Wireless can receive an enhanced SIM card from their wireless carrier and download the Isis Mobile Wallet from Google Play. Cardholders can use the Isis Mobile Wallet at merchant locations nationwide that accept contactless payments.

First Data, a global provider of electronic commerce and payment processing services, is set to serve as Wells Fargo’s Trusted Service Manager (TSM) to deliver card information securely onto the mobile device.

In recent news, On Track Innovations (OTI), a global provider of cashless payment solutions based on contactless transactions and near-field communication (NFC) technology, has received certification from Isis for OTIs complete line of Saturn NFC-enabled sales terminals and software.

 


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Keywords: Wells Fargo, Isis, Visa, TSM, mobile commerce, Isis Mobile Wallet, contactless payments, mobile payments, Isis Ready
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce