Mobile wallets not taking off as many had hoped

Mobile Payments NFC Technology

Smartphone payments are increasing in popularity but far more sluggishly than many predicted. Though mobile wallets have been greatly hyped and have remained at the head of m-commerce news since the very first idea was conceived, the fact of the matter that very few people actually have them and that businesses outfitted to accept these payments aren’t finding that customers are interested in using this option. Salt Lake City was meant to be one of the centers that launched this technology. It is one of two cities that have been…

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Mobile payments standard not included in iPhone 5

iphone mobile payments NFC technology

NFC has not made its way into the latest Apple device, causing many to question the technology. Near field communication technology (NFC) has already been facing a great deal of struggle to get started, and now this would-be standard for mobile payments has taken another blow with the announcement that the chips are not embedded into the iPhone 5. Now, the prospect of using smartphones as wallets is becoming more heavily questioned. Advocates of NFC had high hopes that Apple would give its endorsement. They were greatly disappointed, though, when…

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Isis launch delayed

mobile payments growth report

Isis delays launch to work on new features Isis is one of the most anticipated mobile payment platforms that the world of mobile commerce has ever known. Isis is represented by a consortium of three major telecommunications companies – AT&T, T-Mobile, and Verizon Wireless – and is expected to dominate the m-commerce industry with little trouble. This consortium has done much to draw attention to the Isis platform and prepare for its arrival by investing heavily in the development of a mobile commerce infrastructure. Earlier this year, the consortium announced…

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Mobile wallet, Isis, slated for launch this month

Isis mobile commerce wallet

At some point in September, the long awaited smartphone payment service will become available. The m-commerce world is holding its breath as the Isis mobile wallet is finally aligned for launch by Verizon Wireless, T-Mobile USA, and AT&T, at some point during this month. The announcement was made by in a report which cited the CEO of VeriFone, Doug Bergeron. It explained that the service will first become available in San Antonio, Texas, and Salt Lake City, Utah. Smartphone payments terminal specialist, VeriFone, will be working with Isis on this…

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Galaxy S II the first device to support Isis

isis mobile wallet

Update makes Galaxy S II compatible with Isis T-Mobile has issued an update to the Galaxy S II that makes the mobile device the first ever that is ready for the Isis payment platform. T-Mobile is one of the three companies invested in the Isis initiative, along with AT&T and Verizon Wireless. Isis aims to be the world’s most expansive and comprehensive mobile commerce system. Though it has not yet been launched, Isis has already garnered the support of most major financial institutions and is poised to beat out competitors…

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