“If you’re going to make payments work in the United States on a mobile phone, you’re going to need a lot of players to come alive in the ecosystem to make that happen–everything from the merchants to the OEMs to the phone manufacturers,” says Isis CEO Michael Abbott.
“The point of why we made the announcement about Isis before we were out there marketing it is to let all of the ecosystem players know, here is the place you can come to talk about the open standards we’re developing, what we’d expect people to adopt and that we’re bringing the wherewithal of AT&T, T-Mobile and Verizon and the 200 million subscribers they have and the 100 million who re-up their phones every year,” says Abbott.
Isis CEO: Mobile payments making ‘good progress,’ but no specifics yet
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