All Major Credit Card Firms & Three of Four Mobile Carriers Line Up Behind ISIS NFC Mobile Commerce

ThisIsMyNext noted ISIS’ press release announcing:

MasterCard, Visa, American Express, Discover join ISIS mobile payment network

The PayWithISIS press release indicates this may be the long awaited emergence of NFC (Near Field Communication) technology as a means of making mobile ecommerce transactions.

Isis will bring mobile commerce to consumers and merchants by using mobile phones to make point-of-sale purchases through the use of near-field communication (NFC) technology. Isis will offer customers a secure and convenient way to pay, redeem coupons and store merchant loyalty cards, all with the tap of a phone.

However,

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