Isis will likely be the largest rival to the newly launched Google Wallet mobile payment platform when it arrives in early 2012. The platform is a multi-million dollar joint-venture between carrier heavyweights Verizon, AT&T, and T-Mobile. Despite not being first to launch as it had hoped, the project aims to differentiate by offering more choices.
In an interview with PCMag, head of marketing at Isis, Jaymee Johnson, revealed that Isis plans to compete by offering consumers the most options when it comes to mobile payments. Johnson says that the Isis platform will support multiple banks and retailers at launch and will work on more than one operating system. It will even support Android devices.
“It’s safe to say that when Isis launches we’ll have multiple payment networks, multiple issuers, multiple handsets, multiple operating systems, multiple manufacturers,” said Johnson.
This news follows Google’s Wallet mobile app launch on Monday, which is being rolled out over-the-air this week and set to complete by Friday evening. However, starting off, Google Wallet will only work for the Nexus S 4G on the Now Network carrier, hence being very limited in its reach. Google has not revealed when it will extend Wallet support to other NFC-enabled devices.