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American Express in partnership with Isis' NFC mobile wallet service
11/06/2012 15:52
Isis has announced that American Express is planning to participate in the Isis' NFC pilot project in Texas, Utah, Austin and Salt Lake City this summer.
American Express is planning to make its small business and customer cards available for download to the Isis wallet.
Last year, Isis announced that the American Express network agreed to accept payment from the service along with Visa, Discover Financial Services and MasterCard Worldwide.
The joint venture that includes T-Mobile, AT&T and Verizon Wireless is to launch the Isis service in two cities this summer.
The announcement claims that American Express is onboard for the pilot project, even though the company said that their Serve digital accounts would be available for Isis NFC wallet at a later date.
The American Express' Serve platform is designed to allow their customers to use their smartphones and computers to receive and send money, as well as shopping online with prepaid accounts that they fund trough a debit or credit card.
The Serve accounts and cards can also be used for offline payments, such as NFC smartphones.
The American Express' cardholders will be able to use loyalty programs in the Isis NFC wallet.
Source: droiddog.com