Isis, a mobile payment provider established by AT&A, T-Mobile and Verizon in 2010, announced a deal with Visa, MasterCard, Discover, and American Express Tuesday. Isis offers mobile payment options based on Near Field Communication (NFC) technology, which allows users to "swipe" their phones in front of a scanner to make a payment.
The deal will allow mobile phone users running Isis to use their handsets at any existing Visa, MasterCard, Discover, or American Express machines. According to Isis, the partnership will expand the payment options available to mobile subscribers by leveraging existing payment credit card infrastructure across the United States.
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