American Express in a partnership with Isis Mobile Wallet service announced that the US cardholders will soon be able to shop and make payments using their smartphones.
Isis is a T-Mobile, Verizon and AT&T joint venture, that uses NFC technology for easy and quick payments via NFC enabled smartphones.
The Isis users can take advantage of loyalty programs and will enjoy a secure method of making payments.
American Express is one of the first companies to engage with Isis after it was presented at the end of 2011, the others are MasterCard, Discover,Visa and in February Isis added Capital One, Barclaycard and Chase.
American Express has already joined the Isis Platform, the company has offered specifics on which the accounts will be suitable for the Isis Mobile Wallet.
Meanwhile Visa launched its V.me wallet in Europe and the US.
V.me was scheduled to be presented in Spain, the UK and France at first, but obviously Visa reconsidered and now V.me is in beta version in the US.
Visa points out that the V.me program is more a digital wallet, rather than mobile one, a key difference between the services from competitors like the Google Wallet, that has been oriented in mobile transactions. However, the Google mobile system has one thing the others don’t – it is offered through Sprint, the only carrier that is not associated with the Isis venture.