Andre Yoskowitz
6 Apr 2011 0:43
Sprint Nextel says it will start its "Tap-and-Go" mobile payment system in 2011, front-running similar initiatives from Verizon, AT&T and T-Mobile US.
The technology will use NFC, which will allow payments to be made via a tap or wave of your smartphone in front of electronic scanners in stores.
"Isis," the rival joint venture from the other carriers will likely not go live until 2012.
Says Sprint:
We intend to make this an open solution where consumers can use their phone in a variety of physical locations.Because we’re allowing other brands and other institutions to participate, they can also tell their consumers that this is available on Sprint.