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Isis and C-SAM could spell more trouble for Google Wallet
FeaturePosted by Seth Planck
August 05th, 2011 at 2:10 PM Filed Under Featured, Press Release
Isis and C-SAM could spell more trouble for Google Wallet
Isis selects C-SAM to provide NFC mobile wallet management SDK which could give Google Wallet a run for its mobile money
Isis has selected C-SAM to provide the joint venture with its mobile wallet management platform and comprehensive SDK. C-SAM offers a comprehensive set of services that enables NFC functionality via an SDK that includes full wallet management. In fact, the offering is so robust it would be comparable to Margento’s offerings in terms of sheer amount of services that are supported but with one all important addition, which is that C-SAM supports NFC. Isis will have access to C-SAM’s highly scalable mobile wallet management platform and comprehensive SDK bundled with over twenty-five reference services.
“C-SAM’s vision has been to recreate a leather wallet metaphor on mobile phones,” said Sam Pitroda, Chairman and Founder of C-SAM. “We are excited about the agreement with Isis and confident that our mobile wallet will provide additional convenience, flexibility and security to Isis’ customers.”
C-SAM capabilities that Isis could benefit from
Isis is likely to employ many of the services offered by C-SAM which will give the joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless a significant portfolio of services that will allow it to compete with rivals like Google Wallet.
“We have incorporated learnings over the years from diverse markets and deployments to build a highly scalable mobile wallet management platform, supported by a comprehensive SDK,” said Felix Marx, CEO of C-SAM. “C-SAM’s platform and SDK will enable Isis and their partners to rapidly build a secure transaction ecosystem in the US. We believe Isis will usher in a new approach for service providers worldwide to build similar ecosystem based mobile payment and commerce networks for their respective markets.”
The laundry list of services include: Mobile Banking, Mobile Bill Payments, Mobile Brokerage, Mobile Money Transfer, Mobile P2P Payments, Mobile Micro Payments, Mobile Insurance, Mobile Ticketing, Mobile Coupons, Mobile Loyalty, Mobile Advertising, Mobile Prepaid Airtime, Mobile Stored Value, Mobile Gift Cards, Mobile Parking, Mobile Security, Mobile City Services, Mobile City Card, Mobile Transit, Mobile Student Services and Mobile NFC Service.