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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...

Short messaging app Snapchat has banded together with mobile payment company Square to launch another payment service Snapcash. The recently launched service permits Snapchat users to connection their debit cards to their account and send money to a contact by beginning a chat on cell phone, writing the dollar sign, entering a sum, and hitting the green catch, Snapchat wrote in its official Blog Post. The same is indicated in the feature below. This move is in accordance with Snapchat's extension plans which esteemed at USD 10 billion in its late raising support. As per a late report by comscore, Snapchat is presently the third most prevalent app among millennials (18-34 year olds). The app is more famous than Twitter, Pinterest, Vine, Google+ or Tumblr inside millennials demographic. "We set out to make payments speedier and more fun, yet we additionally realize that security is key when you're managing money" the company included. Until further notice, Snapcash i...

Indian e-commerce website, Flipkart is closing down its payment gateway business Payzippy , as it neglected to perform as per the organization's desires, says a report from Livemint,. The online retailer has propelled this different firm Flipkart Payment Gateway Services (FPGS) Pvt Ltd a year prior to give payment answers for traders. Flipkart launched PayZippy in July last year to compete with services such as CCAvenue and Paytm. Additionally, Flipkart has made a "strategic speculation" in Ngpay (Jigrahak Mobility Solutions Pvt Ltd), a payment administration and a commercial center that presented mobile payments in India. Ngpay seems to have a reasonably far reaching versatile application based marketplace, offering ticketing from IRCTC , numerous bus travel services, flight tickets, apart from recharging and top-ups, cinemas and event tickets. Payments are permitted through Mastercard, Visa, Maestro and American Express. I simply needed ngpay, and was informed that...