Wells Fargo & Company has revealed its first phase of an agreement with Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, to allow Wells Fargo Visa consumer credit card holders to load their cards into the Isis Mobile Wallet.
According to Isis, the agreement will allow cardholders to securely pay, redeem coupons and present loyalty credentials, all with the tap of their phone.
Wells Fargo digital payments manager for consumer financial services, Peter Ho, said: "Our customers lead mobile lives and their ability to pay for things should reflect that fact. During this pilot phase with Isis, we will test and learn with customers who want to be on the leading edge of this technology."
Isis said that cardholders can use the Isis Mobile Wallet at any of the hundreds of thousands of merchant locations nationwide that accept contactless payments.
Purchases made using the Isis Mobile Wallet will be protected by Wells Fargo’s Zero Liability programme, which provides cardholders with zero liability if their Wells Fargo Credit Card is lost, stolen or used without authorisation.
First Data Corporation will act as Wells Fargo’s trusted service manager to deliver card information safely and securely onto the mobile device.