Isis is attending the RAMP Advanced Commerce & Mobile Retail Services Summit in Chicago this week. Isis Chief Sales Officer Jim Stapleton spoke today about building a comprehensive mobile commerce experience and shared Isis’ vision for the retail industry. You can find out more about RAMP speakers and sessions here.
SXSW 2013 PanelPicker voting kicked off this week! We had a great time in Austin in 2012 – help send Isis back by voting for our ideas:
- Coupon Revolution: Tapping for Deals will explore how mobile wallets are changing merchant marketing and the shopping experience
- Cash of the Titans: Mobile as the New Currency will release mobile commerce industry highlights and projections related to the future of money
Isis Vice President of Merchant Sales, John Theiss, recently spoke with Convenience Store News about how mobile commerce is improving merchants’ business. To learn more about the tools Isis provides merchants to enhance customer engagement, drive loyalty and create customized marketing campaigns, we recommend giving the article a read on page 27.
We just announced the Isis™ Smart Tap™ Mobile Commerce Application will be integrated into Gilbarco Veeder-Root and Wayne fuel dispenser payment terminals, allowing consumers to pay with their phones at the gas pump. To see how you will be able to securely pay with Isis at select Austin and Salt Lake City c-stores this summer, we encourage you to watch this video:
Fuel Dispenser Leaders Adopt Isis Application to Allow Payment, Loyalty Programs and Offer Redemption at the Pump
NEW YORK – July 31, 2012 – Isis™, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, today announced that U.S. market leaders in retail fuel dispensers, Wayne, a GE Energy Business, and Gilbarco Veeder-Root, agreed to provide integrated support for the Isis SmartTap™ mobile commerce application, allowing consumers to quickly and efficiently pay, present loyalty cards and redeem offers with a single tap of their Isis Ready™ phones at the gas pump.
“The gas pump is one of the most frequented point-of-sale environments, and a critically important addition to the mobile commerce marketplace,” said Scott Mulloy, chief technology officer, Isis. “Isis is pleased to announce relationships with market leaders Wayne and Gilbarco Veeder-Root. It creates an important opportunity for convenience stores to enhance the customer experience, thereby increasing loyalty and in-store traffic.”
Gilbarco Veeder-Root and Wayne SmartTap-enabled dispensers will be installed at select retail locations to accompany Isis’ market launch in Austin, Texas and Salt Lake City, Utah.
Gilbarco Veeder-Root’s modular payment architecture will be equipped to accept SmartTap in new, factory-installed fuel dispensers and retrofitted fuel dispensers currently installed at convenience stores across the country. As a global leader in fueling dispenser payment terminals, Gilbarco will provide convenience store retailers another way to serve customer’s payment needs.
“Mobile commerce and payments are the future,” said Mike Schulte, president of Gilbarco Veeder-Root North America. “As a worldwide technology leader in retail and commercial fueling solutions, we believe our agreement with Isis will allow us to continue to deliver industry-leading innovations to our customers.”
Wayne will integrate the Isis SmartTap mobile commerce application into the contactless/NFC reader used with the Wayne iX Pay™ Secure Payment solution. Secure, flexible and future-proof, the Wayne iX Pay Secure Payment solution offers EMV and PCI-PTS 3.0 compliance, the highest standards of pay-at-the-pump financial data security in the industry.
“Integrating the Isis SmartTap mobile commerce application will open entirely new payment, loyalty and promotional opportunities for consumers and fuel retailers using Wayne dispensers and technologies,” said Paul de la Port, vice president of products, Wayne. “We believe the simplicity and convenience of mobile commerce will have enormous appeal for consumers and retailers alike.”
Gilbarco Veeder-Root and Wayne are the latest addition to Isis’ expanding list of partners – payment systems suppliers, handset manufacturers, banks, payment networks and merchants – committed to building the infrastructure and scale necessary for mass adoption of mobile commerce.
The joint venture is between AT&T Mobility LLC, T-Mobile USA and Verizon Wireless and is based in New York City. The venture is chartered with building Isis™, a national mobile commerce venture that will fundamentally transform how people shop, pay and save. The Isis™ mobile commerce network will be available to all merchants, banks, payment networks and mobile carriers. ISIS is a trademark of JVL Ventures, LLC in the U.S. and/or other countries. Other logos, product and company names mentioned herein may be the trademarks of their respective owners.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. The words “anticipate,” “believe,” “expect,” “may,” “plan,” “should” and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, including, without limitation, those set forth in the discussions of factors that may affect future results contained in Securities and Exchange Commission filings of AT&T, Deutsche Telekom AG (T-Mobile USA is the U.S. wireless arm of Deutsche Telekom AG), and Verizon Communications (of which Verizon Wireless is a subsidiary). AT&T, T-Mobile USA, and Verizon disclaim any obligation to update and revise statements contained in this news release based on new information or otherwise.
The NFC retail payments market will exceed $180 billion by 2017 with one in four mobile users in the U.S. and Western Europe expected to make NFC payments in-store.
This is the latest mobile payments industry forecast from Juniper Research. Of note, co-author Dr. Windsor Holden said, “This is a critical time for the NFC retail payments market. Despite the significant progress being made today, the full potential of the market can only be fulfilled if all ecosystem players are equally committed and mobile wallet consortia remain in place.”
American Banker, ComputerWeekly, FierceMobileContent and Mobile Payments Today and others have also emphasized that NFC has reached a tipping point but that commitment from the entire payments ecosystem is needed for mobile payments to flourish. You can read more about the Juniper Research report here.
We often receive questions about mobile commerce. Is it solving a real problem? How do we quantify its value? How do we best address security concerns? Isis’ Chief Sales Officer Jim Stapleton addresses such questions in a Q&A for TSYS’ Thought Leadership Journal of the Global Payments Industry. Jim emphasizes that mobile commerce is as much an answer to consumer demands as a response to merchant realities. If you have questions, we suggest you take a moment to read the entire TSYS article.
How are merchants capitalizing on mobile commerce? What’s your role as a software developer or reseller in enabling the contactless future? At RetailNOW in Las Vegas, Isis’ Tony Abruzzio will discuss how advances in POS software and mobile technology are driving new marketing opportunities in retail. Swing by Isis’ booth (#128) or join Tony on July 31 to learn your role in enabling merchants to accept loyalty cards, coupons and payments from the Isis Mobile Wallet. You can read a full description of all RetailNOW 2012 breakout sessions and register for the event here.
Technology, retail and marketing executives will converge on Sept. 13-14 at the Mobile Engagement in Retail conference in Denver. Join Isis’ Chief Commerce Officer Ed Busby and speakers from Gap, Office Depot and other leading retailers as they discuss mobile couponing and loyalty redemption at the point of sale. To learn about this and other interactive sessions, you can download the full conference brochure here.
Here’s to all the local businesses who’ve joined the Isis mobile payment revolution. And if you’re a merchant, here’s how to be part of changing the history of retail: visit the Merchants section of paywithisis.com