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Emerging Payments

iPhone Attachment Unveiled for Isis Mobile Payments

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Incipio Technologies introduced its Cashwrap sleeve for Apple Inc. iPhones two years ago as a way for merchants to accept card payments in the same manner as a Square mobile reader.

Now, with the backing of AT&T, Incipio is unveiling the latest version of Cashwrap — an iPhone case that includes an NFC chip as well as the Isis Mobile Wallet application.

Incipio and AT&T introduced the Cashwrap sleeve Jan. 8 at the Consumer Electronics Show in Las Vegas, saying it would be initially available in March to consumers with an iPhone 4 or 4S. The companies touted the product as a way for a consumer with an iPhone to initiate contactless Isis payments at an NFC-enabled terminal in the same manner as using NFC-equipped phones sold by the major mobile network operators — AT&T, T-Mobile USA and Verizon Wireless — behind the Isis joint venture.

Apple did not include NFC capabilities in last year's iPhone 5, though rumors persist that it will be a part of this year's iPhone model.

Isis earlier promised iPhone users a way to use its mobile payment system. Isis began testing its mobile wallet in Salt Lake City and Austin, Texas in October.

Incipio executives attending the Las Vegas show were not available for comment, but the Irvine, Calif.-based mobile accessories company’s customer service department confirmed that the case includes NFC technology and an Isis application.

Incipio will sell the Cashwrap mobile wallet case to consumers for $60 to $70, the company stated in a press release.

When contacted, AT&T spokesman Andrew Morgan said the telecommunications company could not comment about the Cashwrap product beyond what Incipio says. Isis did not provide answers to inquiries by deadline.

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