This is How it Was Supposed to be...yet how Android Pay Could Fail

With everyone writing about Apple Pay vs. Android Pay, I didn't want to left behind! Here's a slightly different perspective than what you may have read already:

When the mobile operators in the US got together in 2008 to establish a new mobile contactless standard, the objective was well understood: Let's create a common sandbox - a common currency - for mobile payments. The original intention was not to create an Isis Wallet (later renamed to Softcard). In fact, as early as 2010, there were many conversations between Isis/US MNOs and Google that made it clear to many in the coalition that their grip was slipping - not because the original Isis concept had been proven invalid over 2 years, but because Isis management was trying to overreach - trying too hard to do too much with too

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