SmartTap Hits New Stride
Mobile payment technology added to POS, pumps, more
Published in CSP Daily News
NEW YORK -- Isis, the mobile-commerce joint venture created by AT&T Mobility, T-Mobile USA Inc. and Verizon Wireless, announced that leading payment terminal manufacturers and software providers are integrating Isis SmartTap capabilities across a comprehensive range of point-of-sale (POS) offerings, from high-end integrated POS terminals to vending and other unattended solutions. As Isis prepares for national availability later this year, this news signals support for SmartTap capabilities in a broad range of payment environments, according to the company.
The Isis SmartTap protocol is a new, proprietary mobile-commerce software specification that leverages near field communications (NFC) technology, a standard feature on most new smartphones. When supported in an NFC reader or payment terminal, the SmartTap protocol enables Isis Mobile Wallet users to pay, present loyalty cards and redeem offers in a single transaction.
"NFC is the international standard for mobile payments," said Jim Stapleton, chief sales officer, Isis. "The proliferation of SmartTap capabilities at the point-of-sale takes mobile payments one step further, providing rich commerce features that offer an effortless consumer experience and drive engagement and loyalty in a way previously not possible. By providing Isis Ready solutions, POS, payment terminal and reader providers can deliver innovative technologies that will benefit merchants for years to come."
Providers supporting SmartTap capabilities enable mobile commerce in a diverse range of environments such as mass transit, vending machines, fuel pumps, taxis, restaurants, grocery and retail stores.
A growing list of partners that have already integrated SmartTap capabilities into POS offerings includes:
- Equinox Payments
- Gilbarco Veeder-Root
- Wayne, a GE Energy Business
Mobilizing payments, loyalty and offers creates new merchant marketing opportunities, while streamlining the customer experience. A SmartTap-enabled POS terminal automatically recognizes and applies loyalty cards loaded in the Isis Mobile Wallet. Similarly, Isis Mobile Wallet users benefit from the ability to receive, store and present offers with SmartTap-enabled merchants.
The joint venture is between AT&T Mobility LLC, T-Mobile USA Inc. and Verizon Wireless and is based in New York. 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 Platform will be available to all merchants, banks, payment networks and mobile carriers.