Originally Posted by a4ol
ISIS is a way for operators to get money out of NFC, that's why the operators are blocking Google Wallet from working. This is the same as Tethering.
Interesting... Makes perfect sense.
I've been reading and saw few YouTube clips... And Iris system looks 10 times more difficult to purchase. (compared to google) the security is ten times greater due to constant changing of the back of plastic 3 digit security code. (whew!)
Google wallet is obviously less with security.
Since Iris is backed by the 3 major 4G and lte service. Many vendors and merchants will adapt this feature very soon. This payment system was long existed in South Korea (visited galaxy s2 days) and citizens use it like it's their wallet.
Not sure Americans would be able to adapt and execute the isis business model and availability of credit cards.
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