Capital One Withdraws from Isis
Capital One has indicated to its card holders that it is pulling out of the Isis mobile payment service. In a statement, the company said, "We have gained valuable insights from our customers who were among the first to pay with the Isis Mobile Wallet. We continue to engage with Isis on the future of mobile payments." Capital One's departure from the mobile payment venture means only American Express, Chase and BarclayCard remain in support of Isis. Isis, which uses NFC-equipped smartphones to enable tap-and-go mobile payments, has been in extended trials in Austin and Salt Lake City. It is expected to launch nationwide later this year.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Isis Rebrands to Softcard
Isis, the mobile payment venture backed by AT&T, T-Mobile, and Verizon Wireless, today said its new name will be Softcard. The service will remain the same, only the name is changing.
Capital One Adds NFC-Based Payments to Android App
Capital One today added tap-and-go mobile payment powers to its Android application, independent of services such as Android Pay or Samsung Pay. Capital One cardholders can add their debit card or credit card to the Capital One Android mobile app and make secure payments anywhere contactless payments are accepted.
Softcard 'Working with Apple' to Work on iPhone 6
Softcard, the mobile payment venture backed by AT&T, T-Mobile, and Verizon Wireless, today said it is "actively working with Apple to enable Softcard on the iPhone in 2015," according to CEO Michael Abbott. Softcard said Apple's decision to support NFC is "very significant and sets the stage for rapid scale adoption of mobile commerce." Softcard (the new brand name for Isis) has been available to Android smartphones since November 2013 and the iPhone via a special case since early 2014.
Let us use google wallet!