Isis Brings In the POS Team

by Mercator Advisory Group 0

In an important echo from last week’s Mobile Word Congress in Barcelona, Isis ahs announced that it’s working with the four major point of sale terminal manufacturers – VeriFone, Ingenico, VivoTECH, and Equinox. This announcement continues the company’s build out of what are ecosystem partners. NFC-based payments are nothing if not an ecosystem-scale project and having the major POS vendors in the mix – something that’s been going on, no doubt , for months and months – is important when trying to convince merchants to sign-up for a new service.

Here’s what Isis CTO Scott Mulloy had to say:

Payment systems suppliers provide critical infrastructure for the development of mobile commerce. Today’s announcement is an important step in enabling NFC technology adoption throughout the mobile commerce industry. It also validates the open platform approach being offered by Isis across multiple business sectors.

Verifone is known for POS hardware and technology, while Ingenico is focused on secure electronic transactions at point-of-sale. Meanwhile, VivoTech is an NFC-centric company and Equinox primarily handles transaction processing, so the partnerships make sense in terms of what’s needed for Isis to take off. It’s this trio that will work with merchants and vendors to set them up with the hardware needed to offer contactless payments.

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