Earlier today we heard that T-Mobile has made available an Ice Cream Sandwich build for its Galaxy S2 version that enables NFC/ISIS features on the handset and at the time we wondered when will ISIS be available on the handset given that the three main U.S. carriers backing the Google Wallet mobile payment rival have not officially announced its availability.
It now looks like we have confirmation that the ISIS mobile payment project developed by Verizon, AT&T and T-Mobile will be available to interested consumers in September. According to CNET, Doug Bergeron, CEO of Verifone, “which makes the payment terminals that most mobile payment systems rely on,” has confirmed that the launch is scheduled for next month.
The ISIS launch is in line with previous reports that suggested the service will be available at the end of the summer. Smartphone buyers in Salt Lake City and Austin will be among the first to take advantage of the new payment system, and we already have a list of supported devices across the three carriers, as highlighted by a Mastercard document:
Other devices will probably soon support ISIS too. How is the service different than Google Wallet? Here’s a brief explanation:
Rather than attempt to take a cut of each transaction or, as Google is doing, using the information to deliver targeted ads and deals, ISIS will work as a neutral platform for other companies. The venture will essentially charge a service fee for the use of its network, which works with all of the major credit cards.
We’ll tell you more about the ISIS launch once we get there. In the mean time, anyone excited about this new mobile payments venture?