Feb 27 AT 3:12 PM Dustin Earley 27 Comments

Isis lands first banking partners as summer release approaches

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While Sprint remains committed to Google Wallet for Near Field Communications based mobile payments, AT&T, T-Mobile and Verizon are all backing Isis. Slated to make an appearance on smartphones this summer, Isis is making news today with an announcement of their first banking partners, and a screenshot showcasing what to expect from the service.

Along with Visa, MasterCard, American Express and Discover, Isis can now boast partnerships with Chase, Capital One and Barclaycard. All three institutions will bring credit, debit and pre-paid cards to Isis, covering over 100 million card holders in the US right out of the gate.

Isis also released a screenshot of their payment management app, revealing some of the special features bundled with the service. Users will be able to manage multiple cards from the app, as well as follow merchants for deals and coupons, view a directory of locations that support Isis and keep track of Isis related news and announcements.

Isis may be lacking behind Google Wallet in terms of release date, but with the carrier support, financial and hardware partnerships they’ve managed to acquire, there’s good reason to believe Isis will turn the mobile payment game upside down.

Mobile payments, especially when it comes to NFC, have suffered due to a lack of widespread adoption. Once Isis is available on three of the largest carriers in the US, with hardware from HTC, RIM, Motorola, Samsung, LG and Sony, that problem will instantaneously disappear.

Look for Isis to launch this summer in Austin and Salt Lake City. Over 1,000 merchants will participate in the initial rollout, with more signing on as Isis makes its way across the country.

Via: Phandroid

Source: GigaOm

Dustin Earley: Tech enthusiast; avid gamer; all around jolly guy.

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