Isis Plans September Launch
Aug. 30, 2012
A published report suggests mobile payment firm Isis will roll out in Salt Lake City and Austin, Texas next month, some 22 months after the new venture was announced. Doug Bergeron, the CEO of payment terminal manufacturer VeriFone Systems—which is working on the project with Isis—spilled the beans in an interview with Bloomberg News.
Isis, a joint venture between wireless carriers AT&T, Verizon Wireless and T-Mobile USA, originally planned to roll out the mobile payment service to the chosen test markets during the first half of this year. But after much fanfare during the November 2010 launch, the company watched as rivals Google and PayPal implemented their own mobile payment schemes.