Isis

New development in mobile payment

As smart phones become the prevalent handheld devices, they hold great business potentials for companies and merchants. Reported in a recent article from Bloomberg News, Verizon Wireless, AT&T and T-mobile are investing more than $100m in a joint venture, known as Isis, to enable payments with mobile phones. This investment was perceived as an action to chase Google’s recently announced Google Wallet service.

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