US bank Wells Fargo and Isis have announced the first phase of an agreement that will see customers with a Wells Fargo Visa credit card and an Isis NFC phone being able to load their card into their Isis Mobile Wallet and make purchases at merchants across the US.
“We are committed to helping our customers succeed financially,” says Peter Ho, digital payments manager at Wells Fargo’s consumer financial services group. “Helping them make payments when, where and how they want is part of that promise.”
“During this pilot phase with Isis, we will test and learn with customers who want to be on the leading edge of this technology,” he adds.
Payment processor First Data will act as Wells Fargo’s trusted service manager (TSM) and will be responsible for delivering card credentials to consumers’ mobile devices.