Isis, the mobile payment venture backed by AT&T, T-Mobile, and Verizon Wireless, launched across the country today. Isis allows smartphone owners to make tap-and-go payments at select retailers thanks to near-field communications (NFC). Isis is first available to modern Android smartphones that have NFC already on board. Isis plans to support the iPhone with an NFC-equipped sleeve that will be available in the coming months. Consumers can make contactless payments at 1.3 million retail locations around the country, including those operated by 24 of the top 100 merchants. Android device owners will need to download the Isis application (specific to their carrier) and bank with either American Express or Chase. The app will also support customer loyalty programs, but only those run by merchants who've joined Isis. The system uses a pin code for payments, and Isis says that customer banking data is safe. The service can be disabled if the device is lost or stolen. Isis also requires a special, secure SIM card that must be purchased from AT&T, T-Mobile, or Verizon Wireless. Isis has been in development for years and underwent extensive trials in Austin and Salt Lake City.


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