Isis Sees Repeat Visits, Active Uses In First 90 Days

What's Next In Payments®
4:03 PM EDT February 6th, 2013

Isis has seen its active users use its mobile wallet five or more times a week in the three months since its launch, according to Mobile Commerce Daily.

“What we are seeing in terms of the consumers’ willingness to take on the product despite the fact that it is new and innovative and nothing like they have ever experienced has been good,” said Jim Stapleton, chief sales officer at Isis.

“The average consumer in the early days of our pilot is following approximately 5 different merchants. The active wallet users are using it five or more times a week and for those engaged in the offers and the loyalty aspects, they actually end up frequenting those merchants twice as often as they used to.”

The mobile wallet company launched its service in Austin, TX and Salt Lake City, UT in October 2012.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
Alternative Financial Services
Fiserv’s Payments and Industry Products Push Q2 Growth
B2B Payments
Clean Technology Firm Upgrades Procurement Automation Process
B2B Payments
Fintech Partnership Set To Bring Funding To UK Businesses
B2B Payments
Engineering Firm Opts For Automated Invoicing
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Alternative Financial Services
Fiserv’s Payments and Industry Products Push Q2 Growth
News
Bringing Digital Payments To 13 Million New Merchant Locations
B2B Payments
Clean Technology Firm Upgrades Procurement Automation Process
B2B Payments
Can PayPal Lead the SMB Lending Space?
View All Articles ››