December 15, 2011
ISIS, the mobile payments JV from U.S. carriers AT&T, T-Mobile and Verizon, is looking to expand globally, said spokesman Jaymee Johnson in a recent interview.
Johnson did not reveal who ISIS’ partners in international markets would be, according toBloomberg. UK-based Vodafone is one of Verizon’s two parent companies, and Germany’s Deutsche Telekom AG owns T-Mobile USA.
(Related: ISIS CEO Calls Google Wallet “Best Thing that Could Happen” for Mobile Payments)
“The underlying equity partners in ISIS give us some degree of visibility and awareness beyond the U.S.,” Johnson said.
Juniper Research forecasts the global mobile payment market to grow from $240 billion this year to $670 billion in total transactions by 2015.
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Earlier this week, ISIS announced that it would partner with payment security solutions provider Gemalto. Click here for more details.