Google Buys Softcard's Technology, Gets Deal With U.S. Carriers
Google Inc. has acquired technology and patents from Softcard, a mobile-wallet service sponsored by the three-greatest U.S. remote suppliers, as the Web organization tackles Apple Inc. to offer more payment peculiarities on smartphones. Softcard is a joint wander between AT&T, Verizon, and T-Mobile to support NFC based mobile payments in the United States. While Google's unique post on the Google Commerce web journal depicted it as something closer to a partnership, the announcement discharged via Softcard affirms that Google has acquired Softcard's technology. The deal will see Verizon Wireless, T-Mobile and AT&T pre-install Google Wallet on their Android phones in the U.S. not long from now. Google Wallet permits shoppers to tap their phones to pay at checkout in some block and-mortar stores similarly Apple Pay does. The move likewise includes Google purchasing some protected innovation from Softcard, once known as ISIS. It doesn't give the idea that any Softca...