Source: The Register
The plan will see Salt Lake City’s public transport system accepting pay-by-wave from a mobile phone by the middle of next year. Retailers have also been encouraged to adopt Near Field Communications technology at the point of sale, as Salt Lake City strives to become The Place You Can Leave Your Wallet At Home.
Isis was set up less than six months ago: a consortium of US network operators including AT&T, T-Mobile and Verizon. The consortium is dedicated to ensuring that electronic payments based on NFC keep their secure element in the SIM – under the control of the network operator, not the handset manufacturer or bank-card supplier – by promoting the technology and business models associated with it.
Read More: Salt Lake City goes wallet-free with Isis