Isis Partners with American Express Ahead of Rollout

American Express has partnered with Isis – the mobile payments joint venture between US operators AT&T, T-Mobile and Verizon – to bring its Serve prepaid account to the Isis Mobile Wallet.

When the wallet gets its nationwide launch later this year, users will be offered a co-branded Serve account. This will offer an alternative way of making payments, beyond Isis NFC capabilties, and also allow P2P transfers.

“Linking the platforms will allow millions of people to conveniently and inexpensively manage and move their money,” said Dan Schulman, group president, enterprise growth, American Express. “From the palm of your hand, consumers including those without access to traditional bank accounts or credit can have access to everyday financial services. And our combined solution works in todays retail environment, and in the emerging tap to pay point of sale ecosystem.”