Isis on iPhone, and Other Mobile-Pay Events to Watch in 2013

Published January 4, 2013 10:18 AM

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Updated October 20, 2016 10:55 AM

1 Min Read

An Apple Inc. iPhone 5 is displayed while customer look over devices at a store in San Francisco, California, U.S., on Friday, Sept. 21, 2012. Apple Inc. is poised for a record iPhone 5 debut and may not be able to keep up with demand as customers lined up in Sydney, Tokyo, Paris and New York to pick up the latest model of its top-selling product. Photographer: David Paul Morris/Bloomberg

David Paul Morris/Bloomberg

(Image: Bloomberg News)

Wolfe, Daniel

Isis on iPhone

The Isis mobile-pay system is still being piloted in just two cities, and already the company supports roughly 20 handsets but the iPhone isn't one of them. An iPhone-based system is already in the works, the company says.

Visa Inc.'s new contactless payment application, "Visa payWave" is demonstrated in this undated handout photo provided to the media on Friday, July 30, 2010. Visa Inc. and MasterCard Inc., already stung by caps on their fees, now face another threat as AT&T Inc. and Verizon Wireless seek to displace the plastic card with the wave of a mobile phone. Source: Visa Inc. via Bloomberg EDITOR'S NOTE: EDITORIAL USE ONLY. NO SALES.

Via Bloomberg

Visa's Mobile Wallet

Visa's new V.me payment system isn't designed to work as a mobile wallet for point of sale payments. However, Visa says it will adapt its system in this way if a merchant requests it. (Image: Bloomberg News)

Dongles Dwindle

As influential as the Square card-reader attachment is, Square is already pushing for software-based payments with its Square Wallet and Square Register. Though Starbucks now sells Square's reader, the coffee giant doesn't use it, and rival VeriFone last month suddenly backed away from selling its own reader to micro-merchants. (Image: Bloomberg News)

The new Apple Inc. iPhone 5 is displayed at store in Sydney, Australia, on Friday, Sept. 21, 2012. Apple Inc. is poised for a record iPhone 5 debut and may not be able to keep up with demand as customers line up from Sydney to New York to pick up the latest model of its top-selling product. The device hits stores in eight countries today at 8 a.m. local time, giving customers in Australia the first chance to buy the device. Photographer: Ian Waldie/Bloomberg

Ian Waldie/Bloomberg

Apple and NFC

Year after year, experts have predicted Apple would build an iPhone with a Near Field Communication chip for payments. And year after year, Apple has not done so. A recent prediction, based on checks of Apple's supply chain, says this year's iPhone model might finally have an NFC chip.

A Wal-Mart store stands in Stratford, Connecticut, U.S., on Wednesday, Aug. 3, 2011. Wal-Mart Stores Inc. will announce second quarter earnings on Aug. 16. Photographer: Paul Taggart/Bloomberg

Paul Taggart/Bloomberg

Merchant Customer Exchange

The mega-retailers' mobile-pay venture, MCX, said in August 2012 that it had already begun work on a mobile-payment application. It hasn't yet put an app on the market, so it's possible the app could launch this year. (Image: Bloomberg News)

A jogger passes Google Inc. sign at the headquarters in Mountain View, California, U.S., on Wednesday, Oct. 13, 2010. Google, owner of the world's most popular search engine, said third-quarter profit increased as businesses spent more on advertising for online consumers. Photographer: Tony Avelar/Bloomberg

Tony Avelar/Bloomberg News

Google's Plastic Push

In November, word leaked that Google is planning a plastic card to complement the Google Wallet product. The card isn't out yet, so if it happens at all, the product would likely show up early this year. (Image: Bloomberg News)

iPads as Registers

Most iPads can't do everything a point of sale terminal does, but companies like Square and ShopKeep POS are trying to let merchants do as much as possible from a tablet's screen.

David Marcus, president of PayPal Inc., speaks during the Open Mobile Summit & Appcelerate conference in San Francisco, California, U.S., on Wednesday, Nov. 7, 2012. The Open Mobile Summit, now in its fifth year, brings together the most influential and innovative in the mobile industry to provide a vision of the new ecosystem. Appcelerate returns for the third year joining together app developers to share the secrets of their success. Photographer: David Paul Morris/Bloomberg *** Local Caption *** David Marcus

David Paul Morris/Bloomberg

PayPal Goes Big

PayPal made a big splash last year by revealing a partnership with Discover to allow the card network's merchants to accept PayPal's digital wallet. However, Discover hasn't thrown the switch yet. If it happens on schedule, it will happen this spring. Pictured: PayPal President David Marcus (Image: Bloomberg News)

Startups Grow Up

Companies that used to be considered disruptors are now prominent partners for established payments companies. As their products mature, newcomers such as SCVNGR's LevelUp will forge more ties like these.