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Isis is a joint venture between AT&T, T-Mobile and Verizon in the mobile payment space, announced on 16 November 2010. The system is reported to be based on near field communication (NFC). Notably, Sprint is not part of the consortium. The CEO of ISIS is Mike Abbott. The ISIS mobile system has partnered with the Discover network and Barclaycard US.
On April 4, 2011, Isis announced it will pilot the Isis mobile commerce program in Salt Lake City in early to mid-2012. On July 19, 2011, a partnership was announced between ISIS, Visa, MasterCard, Discover, and American Express.
On August 29, 2011, the three wireless carriers announced plans to invest more than $100 million in the project.
Isis uses several underlying technologies:
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