Isis calls its Google Wallet rival good for the business of mobile payments

Mobile Commerce Industry

Isis CEO, Michael Abbott, has released a statement that is causing the mobile payment industry to raise a brow, saying that Google Wallet, its rival, is “the best thing that could happen.” This is an unexpected perspective from the head of the carrier-backed joint venture for mobile payments as it prepares to launch its own system. The mobile payment services have been created to allow smartphone and tablet users to tap their devices on special terminals in order to complete payment transactions for purchases. That said, Abbott’s long term concept…

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