Isis strikes deal with POS vendors - Mobile World Live

Isis strikes deal with POS vendors

06 MAR 2012

NFC joint venture Isis has reached agreement with four leading point-of-sale (POS) terminal vendors to support its mobile payments application in current and future versions of their products. The four vendors which will integrate the Isis Mobile Commerce Application into their retailer-based terminals are VeriFone, Ingenico, Vivotech and Equinox Payments.  The vendors will upgrade their infrastructure in a number of ways. There could be new terminals or the installing of an NFC add-on device or a remote software upgrade of the existing infrastructure.

The agreements with the four vendors are intended to make offering NFC-based payments easier to implement and so make Isis attractive to the retail sector. A sign of retailers' current thinking has come from a group of leading companies including Wal-Mart and Target who are reported to be planning their own mobile payment system which would be a rival to Isis as well as other competitors such as Google Wallet.

Isis, which launches later in 2012, is gradually putting together the underlying partnerships for its debut. Last week at Mobile World Congress it announced three banking partners.

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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