Best Buy and 7-Eleven have announced that they will be shutting down their near-field communications capabilities in their retail locations, pointing to further struggles for NFC-based mobile payments.
Articles Tagged ‘Isis’
The Host Card Emulation feature in Android KitKat for driving near-field communications mobile payments just got a big boost in the form of support from MasterCard and Visa, which could spell trouble for Isis.
Following Target’s recent data breach, the retailer announced plans to speed up its transition to the chip-based payment standard called EMV, a move that could give mobile payments a boost.
Wells Fargo is hoping to spur some buzz about its involvement with mobile payments and wallet Isis through a new promotion that rewards in-store transactions.
Wells Fargo announced a partnership with Isis that will let consumers add their Wells Fargo Visa credit card to the Isis mobile wallet.
Last year, experts thought that NFC was going to really take off in 2013, but recent moves from Google Wallet and Isis point to a significant question: Will NFC ever really take off?
Jamba Juice is testing Isis’ mobile wallet, but to convince consumers that the mobile wallet is worth it, the companies are going to incentivize the payments solution with free smoothies.
As competition in the mobile payments space continues to heat up, Isis is hoping to strike gold by giving iPhone users a way to take advantage of near-field communications payments.
As Isis gears up for a broader launch, Capital One pulling its support points to the challenges that near-field-communications is having with scale as non-NFC mobile wallet initiatives take off.
The Isis mobile wallet will roll out nationwide later this year and will even make its way onto the iPhone, via a case with an embedded NFC chip. However, whether the necessary infrastructure is in place for wide-scale adoption is still a question.