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Wells Fargo Launches Agreement With Isis

  Wells Fargo Launches Agreement With Isis

  Visa consumer credit card customers among the first to use the Isis Mobile
                                   Wallet®

Business Wire

SAN FRANCISCO & NEW YORK -- December 12, 2013

Wells Fargo & Company (NYSE: WFC) and Isis®, the mobile commerce joint venture
created by AT&T Mobility, T-Mobile USA, Inc. and Verizon Wireless, today
announced the first phase of an agreement that allows Wells Fargo Visa
consumer credit card holders to load their cards into the Isis Mobile Wallet®.
This launch enables cardholders to securely pay, redeem coupons and present
loyalty credentials, all with the tap of their phone.

Wells Fargo Visa consumer credit card holders can load their cards into the
Isis Mobile Wallet(R). ...

Wells Fargo Visa consumer credit card holders can load their cards into the
Isis Mobile Wallet(R). (Photo: Business Wire)

“We are committed to helping our customers succeed financially. Helping them
make payments when, where and how they want is part of that promise,” said
Peter Ho, manager of digital payments for Wells Fargo’s Consumer Financial
Services group. “Our customers lead mobile lives and their ability to pay for
things should reflect that fact. During this pilot phase with Isis, we will
test and learn with customers who want to be on the leading edge of this
technology.”

Customers with one of the more than 50 Isis Ready® smartphones available from
AT&T, T-Mobile or Verizon Wireless can receive an enhanced SIM card from their
wireless carrier and download the Isis Mobile Wallet for free from Google
Play. Customers who visit their carrier’s retail store to activate the Isis
Mobile Wallet will receive hands-on support and education from store
associates. Cardholders can use the Isis Mobile Wallet at any of the hundreds
of thousands of merchant locations nationwide that accept contactless
payments. Customers can explore local merchants at
www.paywithisis.com/where.html.

“Wells Fargo is among the most innovative brands in the country and we are
pleased to introduce Isis Mobile Wallet to their credit card customers,” said
Ryan Hughes, chief marketing officer, Isis. “We look forward to our work
together as we deliver new payment features to consumers.”

Purchases made using the Isis Mobile Wallet are protected by Wells Fargo’s
Zero Liability program, which provides cardholders with zero liability if
their Wells Fargo Credit Card is lost, stolen or used without authorization
and cardholders promptly notify Wells Fargo. Cardholders can remotely freeze
the Isis Mobile Wallet with a single call to their mobile carrier.

First Data Corporation will serve as Wells Fargo’s Trusted Service Manager to
deliver card information safely and securely onto the mobile device.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.5 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial finance
through more than 9,000 stores, 12,000 ATMs, and the Internet
(wellsfargo.com), and has offices in more than 35 countries to support the
bank’s customers who conduct business in the global economy. With more than
270,000 team members, Wells Fargo serves one in three households in the United
States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of
America’s largest corporations. Wells Fargo’s vision is to satisfy all our
customers’ financial needs and help them succeed financially. Wells Fargo
perspectives are also available at blogs.wellsfargo.com.

About Isis

The joint venture is between AT&T Mobility LLC, T-Mobile USA, Inc. and Verizon
Wireless and is based in New York City. The venture is chartered with building
Isis, a national mobile commerce venture that will fundamentally transform how
people shop, pay and save. The Isis Mobile Commerce Platform™ is available to
all merchants, banks, payment networks and mobile carriers. Isis, Isis Mobile
Wallet, Isis Ready, Isis Mobile Commerce Platform and the associated logos are
trademarks of JVL Ventures, LLC in the U.S. and/or other countries. Other
logos, product and company names mentioned herein may be the trademarks of
their respective owners. For more information visit www.paywithisis.com.

About First Data

First Data is the global leader in payments processing and electronic commerce
solutions. Around the world, every second of every day, First Data makes
payment transactions secure, fast and easy for merchants, financial
institutions and their customers. First Data leverages its vast product
portfolio and expertise to drive client revenue and profitability. Whether the
choice of payment is by debit or credit card, gift card, check or mobile
phone, online or at the checkout counter, First Data takes every opportunity
to go beyond the transaction. More information about the company is available
on FirstData.com as well as on Twitter, LinkedIn, Facebook and YouTube.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131212006300/en/

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Contact:

Wells Fargo & Company
Natalie Brown, 775-689-6123
natalie.m.brown@wellsfargo.com
or
for Isis
Laurel Cifala, 206-268-2229
laurel.cifala@edelman.com
 
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