The Isis Mobile Wallet is finally set to debut this September.
After several months of delays and changes, this all-in-one payment device will soon allow users to shop without carrying around multiple credit and debit cards, according to NJ.com.
Backed by AT&T, Verizon Wireless and T-Mobile USA, Isis will use credit-card companies to handle transactions, not the carriers themselves. Because of its backing carriers, NJ.com said Isis will likely have more success than mobile-wallet competitors.
Originally, the release date was set for the first half of 2012, but extra time was taken to ensure proper security measures were in place for users.
“The focus has been: Get it right, make sure it’s secure," Brad Duea, senior vice president of product management at T-Mobile USA, said in an interview with the website.
Isis uses near field communication, or NFC, which allows users to tap a phone on the cash register to pay for transactions. Carriers will need to sell NFC-equipped phones for this particular function.
As an additional security precaution, NFC phones will allow carriers to erase a device’s information if stolen.
