On Wednesday an Isis marketing executive has said that the mobile commerce joint venture Isis has been working for months to engage Visa, MasterCard and other major U. S. banks for the payment through smartphone. It has also has been linked with near-field communication (NFC) technology.
On Wednesday it was reported by the Wall Street Journal that Isis had rejected its plans for its own system. It collects payments made by smartphone in trade for a system open to Visa and others. AT&T, Verizon Wireless and T-Mobile USA comes included the Isis joint venture.
On the other hand Isis Marketing chief Jaymee Johnson has said Computerworld that a formally announcement has been made announced in a press release on April 4, stating that it was opening its infrastructure to all merchants, banks, payment networks and carriers.
There was an argument done by Johnson, saying the Journal story which is widely reported by other media including Computerworld is entirely a fiction work. This is because Isis had already announced it was launching the platform to all payment networks and platforms.