Isis mobile payment venture to launch next month

Google Wallet will have some competition in a few weeks.

(Credit: Roger Cheng/CNET)

ISIS, a joint venture between the wireless carriers to usher in a mobile-payment system, is poised to launch in two trial markets in September.

That's according to Doug Bergeron, CEO of Verifone, which makes the payment terminals that most mobile-payment systems rely on. Bergeron confirmed the month to CNET, although he declined to provide a specific date. Bloomberg earlier reported on ISIS's launch time.

Bergeron was optimistic about the prospects for ISIS.

"With the carriers on their side, they stand to have a very good chance to succeed provide the handset makers get NFC-enabled smartphones out as promised," he told CNET.

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