Softcard

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

Stephen Hall Mar 5 2015 - 8:28 am PT

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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.

• Isis
• Softcard

Google reportedly in talks to acquire mobile payment app Softcard

Mike Beasley Jan 16 2015 - 2:56 pm PT

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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.

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