Softcard Stories March 5, 2015

Softcard is shutting down March 31, Google Wallet to fill its shoes

Google announced a couple of weeks ago that it had acquired some technology and IP from Softcard, and today the company has taken to its website to announce that the service will be getting shuttered completely as of March 31st.

This news comes after rumors started spreading that Google would be re-introducing its payments service at Google I/O under the name “Android Pay“. Google’s Chrome and Android lead Sundar Pichai confirmed the existence of such a service earlier this week at Mobile World Congress.

The update, seen on Softcard’s website, reads:

Important News! We are pleased to let you know that Google has acquired technology from Softcard to power the next generation of mobile wallets.

What does this mean for you? As of 3/31 your Softcard app will no longer work. You can continue to use the Softcard app until 3/31. After that your Account will be closed.

To keep using a digital wallet app download Google Wallet now.

For more information read our FAQs.

For those that still use Softcard, the company recommends that you head over to Google’s website to download Google Wallet.

Softcard Stories February 25, 2015

Google is planning to overhaul its mobile payment system in May during its I/O developer conference, a new report suggests. Google recently purchased “some” technology from SoftCard, with several major US carriers planning to pre-load Wallet on all new phones in the coming months.

The revitalized payment software is being referred to as “Android Pay” by Ars Technica, and like Apple’s own similarly named product, it will support payments in physical retailers as well as in-app sales. The entire offering will take advantage of Host Card Emulation, which essentially presents the phone to an NFC terminal as a clone of the card.

expand full story

Softcard Stories January 16, 2015

Google reportedly in talks to acquire mobile payment app Softcard

Google is in talks to buy Softcard, the mobile payment company formerly known as Isis, according to a new report from TechCrunch. The deal may be less than $100 million, TechCrunch says. It seems Google is trying to bolster its own NFC payment options in the face of growing competition from Cupertino.

The deal still appears to be in the early stages, and it’s possible that it may not happen. In that case, several other buyers could swoop in for the acquisition, including AT&T or PayPal, both of which are rumored to have an interest in the company.

Softcard Stories October 28, 2014

McDonald’s announced on Tuesday that it now accepts Softcard for NFC-based mobile payments on Android at its restaurants across the United States. The move comes just over a week after McDonald’s became one of the more high-profile launch partners for Apple Pay, which enables iPhone users to tap and pay with their smartphone. expand full story

Deal: Get Pixelbook at 25% off: $750!

Softcard Stories September 3, 2014

Isis mobile wallet rebranded as Softcard to avoid association with violent militant group

Following through with its announcement from a few months ago, Isis mobile wallet on Wednesday officially became known as Softcard as part of a rebranding move to avoid association with the violent militant group in the Middle East known as ISIS. The transition from Isis to Softcard, including an updated app, will occur over the next few weeks.

Softcard CEO Michael Abbott discussed the change in a blog post:

“Our search for a new name has been rooted in our founding vision: to use the power of the mobile phone to help consumers find a safer and better way to shop, pay and save. But we also wanted a name and visual identity that had the power, flexibility and simplicity to define our category.”

The service will continue to function as it always has.

Powered by WordPress.com VIP