Isis Mobile Wallet Debuts in Two Cities Today

AUSTIN, Texas, and SALT LAKE CITY -- Isis today officially launched its Mobile Wallet payments service in these two cities. For consumers to take advantage of the new service, they need to visit an Austin, Texas, or Salt Lake City AT&T Mobility, T-Mobile USA or Verizon Wireless retail store to receive a secure element SIM and must ensure their handset is compliant.

Subsequently, consumers need to download the Isis Mobile Wallet application (app) from Google Play, load an eligible American Express, Capital One or Chase credit into the Isis Mobile Wallet and then visit a participating retailer who accepts the mobile wallet payment service.

"The launch of the Isis Mobile Wallet is an important step toward accelerating mobile payments in the United States and maximizing convenience for consumers," said Bill Gajda, head of mobile product, Visa Inc. "Isis' open approach directly aligns with Visa's strategy of enabling customers to make mobile payments with whatever device they choose using the trusted accounts they already have."

New York City-based Isis is a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless. Assuming the mobile wallet is successful in Austin and Salt Lake City, Isis is expected to expand its near field communication (NFC)-based service to other cities throughout the United States.

"Today's launch of the Isis Mobile Wallet is a significant achievement in terms of enabling consumer adoption of mobile payments," said Suzan Kereere, senior vice president and general manager for American Express, Global Network Business. "Mobile commerce holds the promise of dramatically enhancing consumers' shopping experience, and American Express'first priority as a network is to provide choice and flexibility for all industry participants as we work together to influence the speed and growth of mobile NFC payments in the U.S."

A full list of retailers accepting Isis Mobile Wallet is available at www.paywithisis.com