Isis bolsters its mobile wallet with American Express cards

The carrier-backed Isis mobile payment service added a batch of new financial partners earlier this year, and it's now back with another fairly big addition. The venture announced today that it has brought American Express' various credit card offerings into the fold (including the company's own mobile-linked Serve cards), which will let users of those cards load them into the Isis app and make payments with their NFC-equipped smartphone -- when the service begins its rollout this summer, that is. As you may recall, American Express itself had already signed on as an Isis partner last year, but this is the first time that the company has committed to tying its cards to the platform -- which is a rather important little detail.

Continue reading Isis bolsters its mobile wallet with American Express cards

Isis bolsters its mobile wallet with American Express cards originally appeared on Engadget on Fri, 11 May 2012 00:06:00 EDT. Please see our terms for use of feeds.

Permalink TechCrunch  |   | Email this | Comments

iCache Geode digital wallet hands-on (video)

Image

The iCache Geode was easily the most impressive use of technology that we saw during CTIA 2012. It's the epitome of how a fantastic tech idea can be translated to real world use in a very classy and clever way. At its heart it is extremely simple: take all your existing credit, debit, and loyalty cards, save them in a secure way and be able to use any of them without actually having the original cards handy. The system is comprised of a housing for the iPhone coupled with an app, an E Ink display on the rear, a fingerprint scanner, the GeoCard, and a magnetic stripe reader that is capable of quickly reading in your card details and saving them. Using the Geode is a two-step process, scan all your cards into the device with an included scanner attachment, then using the iPhone app select your method of payment and the GeoCard in the housing is instantly programmed. Pop the card out, tap it on a solid surface to activate it and spend your money. Loyalty cards are equally easy to use: select one of them in the app and its barcode is written to the E Ink display on the Geode's rear surface.

Of course iCache has considered the security implications and has addressed them a few different ways. The iPhone doesn't store any of your card details as they're kept in the housing itself, on launch the app does a hardware check to be sure nothing's been tampered with, asks for a fingerprint scan, and the card programming only lasts for a user-defined period of time after you've tapped it on the table. Click on through for a video demo of the whole ride.

Terrence O'Brien contributed to this report.

Continue reading iCache Geode digital wallet hands-on (video)

iCache Geode digital wallet hands-on (video) originally appeared on Engadget on Thu, 10 May 2012 13:22:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

EnStream to bring mobile wallet to Canadians, make loonies obsolete (video)

EnStream to bring mobile wallet to Canadians, make loonies obsolete (video)

A joint venture of Canadian carriers Rogers, Bell and Telus called EnStream is in final talks with the country's leading banks (likely CIBC, TD, RBC, Scotiabank and BMO) to bring a mobile wallet solution to the Great White North within six months. The system, which was demoed at the CWTA Wireless Showcase last September, enables mobile payments by storing a user's financial credentials on the SIM located inside their NFC-capable phone. It aims to replace credit and debit cards at first -- perhaps even driver's licenses and loyalty programs down the road. Carriers plan to charge banks a flat rate instead of a per-transaction fee.

According to Almis Ledas, EnStream's COO, "banking machines will become the payphones of the future". While we command this attempt to standardize mobile payments in Canada, the time frame seems rather optimistic in light of the slow progress AT&T, T-Mobile and Verizon have made with Isis in the US so far. Different countries, different rules of course -- still, we think it's going to take quite a while to make loonies obsolete. Maybe this is the perfect window of opportunity for Google Wallet and Square to jump across the border, eh? Time will tell. Check out EnStream's mobile wallet in action on video after the break.

Continue reading EnStream to bring mobile wallet to Canadians, make loonies obsolete (video)

EnStream to bring mobile wallet to Canadians, make loonies obsolete (video) originally appeared on Engadget on Thu, 26 Apr 2012 05:50:00 EDT. Please see our terms for use of feeds.

Permalink MobileSyrup  |  sourceReuters  | Email this | Comments

Barclays releases PayTag: the NFC card you glue to your phone (video)

Image

If you don't have a fancy NFC-enabled phone then it's hard to join the mobile wallet club. Fortunately, Barclays has introduced the PayTag that turns any phone into a contactless card. It's a square of plastic a quarter the size of a credit card that's sticky on one side -- yup, you just jam it on the back of your phone and hey presto, you can buy sandwiches, or any purchase up to £15 (£20 from June), without opening your wallet. The sticky squares will be rolling out exclusively to British Barclaycard customers over the next few months, although we're not sure what it'll do to the trade-in value of your handset.

Continue reading Barclays releases PayTag: the NFC card you glue to your phone (video)

Barclays releases PayTag: the NFC card you glue to your phone (video) originally appeared on Engadget on Thu, 19 Apr 2012 05:35:00 EDT. Please see our terms for use of feeds.

Permalink The Guardian  |   | Email this | Comments