Verizon introduces Isis Mobile Wallet nation wide

GREENVILLE, USA: Verizon Wireless announces Isis Mobile Wallet is available nationwide. It uses near-field communication (NFC), a technology that allows a smartphone to securely transmit information to a payment terminal with the touch of a finger.

It offers customers the opportunity to safely store virtual versions of their credit and debit cards on their smartphones. Isis Mobile Wallet also stores loyalty cards, coupons and other special offers, streamlining the process of shopping and saving.

A PIN-protected smartphone means thieves cannot instantly rack up charges to an account the way they could with a stolen card in hand. Additionally, Verizon Wireless can freeze the entire mobile wallet if a customer reports a smartphone as lost or stolen.

At launch, more than 200,000 retail locations across the country, including Toys 'R' Us, Jamba Juice, and Coca-Cola vending machines, are equipped with tap-to-pay terminals compatible with Isis.