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Mobile payments JV Isis is on track to launch in September, says the CEO of Verifone (PAY),...

  • Tuesday, August 28, 2012, 5:03 PM ET
    Mobile payments JV Isis is on track to launch in September, says the CEO of Verifone (PAY), which will be handling transaction processing for the platform. Isis, formed by AT&T (T), Verizon Wireless (VZ, VOD), and T-Mobile, enters a crowded mobile payments landscape that has already seen Square and PayPal make huge moves. Also, as Google can vouch, Isis' use of NFC chips could be a handicap, given limited phone and merchant support.
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