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Jump to navigation Jump to search This article is about the mobile payment system. On February 23, 2015, it was announced that Google Inc. Softcard’s intellectual property and integrate it into its competing Google Wallet service. The service originally planned to operate as a payment system that would handle its own transactions, but citing rapidly developing competition, Isis changed its model to integrate with existing credit cards and payment networks. Isis soft-launched in Austin and Salt Lake City on October 22, 2012, and launched nationwide on November 14, 2013. On February 23, 2015, Google announced that it would acquire certain assets and intellectual property from Softcard, and integrate it into its own service, Google Wallet.
T, T-Mobile US, and Verizon would begin to back Google Wallet, and bundle its app with their compatible devices later in the year, in place of Softcard. Verizon refused to allow its devices to access the service because it requires access to the “secure element” of a smartphone, despite Softcard having the same requirement. The Softcard service and apps ceased to function on March 31, 2015. Softcard customer data was not migrated to Google Wallet, and the service does not support Windows Phone. Can a Carrier Consortium Make Mobile Payments Work?
T, T-Mobile, and Verizon announce Isis national mobile commerce network”. 100 Million for Google Fight: Tech”. Carriers Downsize Isis Plans, Reach Out to Credit Card Companies”. NFC payment network ISIS gets its first banking partners — Chase, Capital One, and Barclaycard”. Handset makers line up behind Isis NFC payment platform”. Isis Mobile Wallet Launches in Austin, Salt Lake City”.