American Express says that US cardholders will be able to use their phones to shop, tap, and pay for goods and services through the Isis Mobile Wallet service being rolled out later this year.
Isis, a joint venture by AT&T, T-Mobile, and Verizon, uses NFC-equipped phones and is being test-driven in Austin, Tex. and Salt Lake City, Utah before being introduced nationwide at a later date – writes Damon Poeter.
“Now our card members and merchants can benefit from the ease and convenience of a tap-and-go experience on a mobile phone and still enjoy the benefits, services, and support of American Express,” said Josh Silverman, president of US Consumer Services for American Express, in a statement. Users of Isis will enjoy “a secure way to pay and take advantage of loyalty programs,” he added.
American Express was among the first group of credit card companies to jump on board with Isis when it was announced last year, the others being Visa, MasterCard, and Discover. Isis added Chase, Capital One, and Barclaycard to its stable in February.
Though Thursday’s announcement seems like a bit of formality since the American Express network had already joined the Isis Mobile Commerce Platform, the credit card company did offer up specifics on which member accounts will be eligible for the Isis Mobile Wallet