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Isis – The New Mobile Wallet for Mobile Merchant Processing?

A mobile-payments service developed by wireless carriers will go live Monday in two test markets after being delayed last month.

Isis will allow consumers to make purchases by tapping smartphones equipped with a special computer chip against a merchant payment terminal. The service will be available on as many as 20 types of handsets by year-end, Jaymee Johnson, head of marketing for the service, said in a statement Wednesday.

Read the rest of the story here: http://online.wsj.com/article/SB10000872396390444868204578062912058915182.html?mod=googlenews_wsj

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