Isis Announces First Banking Partners, Now Ready To Take On Google Wallet

Isis is all set to compete head on with Google Wallet as they’ve just announced their initial banking partners.  The company has stated Capital One, Barclaycard and Chase are to be the first among many to jump on board.  The companies will be the first to allow their debit, credit and pre-paid cards to launch when the Isis Wallet application kicks off this summer.  Combined, the three companies hold 100 million card holders in the U.S. alone.   Isis is serious about the mobile payment game as they gear up to take on Google Wallet.  Using the up and coming NFC technology, Isis has secured some big partnerships which include companies such as Visa, MasterCard, American Express and Discover Card along with some big hardware gurus like Samsung, Sony, Motorola, LG and HTC.  Isis CEO, Michael Abbott, offered the following:

Today’s announcement is testament to the vision and commitment of Chase, Capital One and Barclaycard to make mobile commerce a real and positive experience for their customers,” and “Mobile commerce is more than a new way to pay; it’s about extending the relationships consumers enjoy with their banks and merchants into a powerful and convenient new form factor.”

Does the company have what it takes to compete with Google Wallet?  We’ll soon see.  The screen shot above is the first to be released by the company and looks to be fairly streamlined.  Here’s to seeing how the service compares especially since Google Wallet isn’t really activated on many devices by carrier choice.  Feel free to let us know what you think of the competing service in the comments below.

source: GIGAOM


About the Author: Joe Sirianni

Joe was born in New Jersey and spent most of his childhood moving around from state to state. He eventually made his way to Pennsylvania where he met his Portuguese beauty and made her his wife. He now has three great kids and full access to all of the Portuguese food he can eat. Joe's love for mobile technology began when he bought his first Palm Pilot, a Palm M130 and left it on top of his car, driving off, causing it to smash into a thousand pieces. Forced to buy a new device, he quickly discovered that specs were changing so rapidly he was buying a new device every six months just to keep up. Since then, he has constantly felt the need to have the latest and greatest. When the "smartphone" revolution began and integrating cell phones and PDA's was the norm, he quickly jumped to Windows Mobile for several years until the first Android device was launched, the T-Mobile G1. Joe began appreciating all of the free utilities Google provided and sold his soul (his precious data) to Google long before they got into the mobile OS business. So, there was no hesitation at all for him to jump on board and ride the Android train as an early adopter. And boy has it been a blast. Joe now works in the Engineering & Operations dept for a major mobile carrier where he remotely troubleshoots cell sites and loves being an Editor for TalkAndroid.