Isis--the nationwide mobile commerce network spearheaded by Verizon Wireless, AT&T Mobility and T-Mobile USA--is now live, although its long-planned consumer trials in Austin, Texas, and Salt Lake City remain on hold.
Walmart, the world's largest retailer, said it is only interested in mobile commerce applications that offer multiple use cases, stating that partnering with third-party payment networks such as Google Wallet and Isis doesn't make sense for its business.
Two years is a long time, especially in the hyper-accelerated mobile ecosystem. It hasn't even been two full years since Verizon Wireless, AT&T and T-Mobile USA first announced plans to launch their Isis mobile commerce network (22 months, to be exact), but it seems like two decades have passed.
The Isis mobile wallet and payments network is going to miss its target of launching this summer because it is still fine-tuning the overall customer experience, according to a senior Isis executive.
Isis, the nationwide mobile commerce network pushed by Verizon Wireless, AT&T Mobility and T-Mobile USA, will formally launch service in September, according to a Bloomberg report.
PayPal is teaming with Discover to extend its fledgling mobile wallet service to millions of additional retail locations across the U.S., striking a major blow in the battle for m-commerce supremacy.
If I had a dollar for every company vying to dominate the future of mobile payments, I'd have enough cash to launch my own m-commerce startup.
Mobile payments are on pace to grow nearly fourfold over the next five years, eclipsing $1.3 trillion in annual transaction value by 2017, according to a new forecast issued by Juniper Research.
Google, PayPal, Isis, VeriFone and Intuit are joining with operators Verizon Wireless, AT&T Mobility, Sprint Nextel and T-Mobile USA to forge the Mobile Payments Committee, an effort to create policies and business strategies to guide the fast-growing m-commerce segment.
FierceWireless queried a range of top industry executives to get their perspectives on what they might have done differently if they were starting over in the industry.