Via Scoop.it – internetbillboards
AT&T, Verizon and T-Mobile are reportedly poised to invest $100 million in their joint mobile payment venture called Isis, a near field communication-based contactless payment system that will do battle in the increasingly competitive mobile payments market. According to Bloomberg, the carriers are still determining exactly how much to invest based on Isis’ ability to obtain support from banks and merchants, but they could throw in a lot more money if the platform can gain momentum.
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