|Major point-of-sale device makers align with Isis|
Isis announced that VeriFone, Ingenico, ViVOtech, and Equinox Payments will integrate and support the Isis Mobile Commerce Application in current and future product lines. The agreements with leading payment systems providers will help accelerate the wide scale introduction and adoption of mobile commerce.
“Payment systems suppliers provide critical infrastructure for the development of mobile commerce,” says Scott Mulloy, chief technology officer, Isis. “Today’s announcement is an important step in enabling NFC technology adoption throughout the mobile commerce industry. It also validates the open platform approach being offered by Isis across multiple business sectors.” NFC refers to near-field communications, the technology Isis uses for its mobile payment application.
“VeriFone retail customers are already embracing the convergence of online shopping and the physical point of sale with new mobile payment options, digital couponing, loyalty, location-based social media, and value-added services,” says Jennifer Miles, VeriFone executive vice-president, North America. “NFC-enabled payments allow merchants to engage their shoppers in new and powerful conversations, and Isis’ open platform and scale are helping make mobile commerce a reality.”
The announcement means that merchants will have flexibility in how they upgrade to Isis-enabled payment terminals. Merchants will become Isis-enabled through a combination of new payment acceptance systems and NFC add-on devices, as well as remote software upgrades of certain devices already in the field.
“As a global payment terminal manufacturer, we welcome Isis’ open approach of mobile commerce to engage with as many stakeholders of the payments ecosystem as possible. It is the most effective way to bring consumers and merchants the best in engineering innovation, convenience, and security of payments,” says Thierry Denis, president of Ingenico, North America. “Today, together with Isis, we are ready to support the acceptance of NFC-enabled payments which are fully integrated in our new generation Telium series devices and, in turn, be the agents of mobile commerce.”
“We’re approaching a tipping point in the mass adoption of mobile commerce, as new smartphones arrive NFC-enabled,” says Mick Mullagh, CEO, ViVOtech. “Bringing the industry together behind a common set of technology standards and platforms is a crucial step toward igniting the mobile economy.”
“The importance of mobile payments cannot be overstated and Equinox is pleased to join Isis at the forefront of the development of these very important technologies,” says Clint Jones, Equinox Payments president. “The Isis Mobile Commerce Application is an excellent complement to our next-generation NFC-enabled L5000 series of payment terminals.”
[This article was posted on March 20, 2012, on the website of ABA Banking Journal, www.ababj.com.]
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