Google Wallet Is Now Poised To Compete with Apple Pay After Its Deal with Softcard

Google Wallet Is Now Poised To Compete with Apple Pay After Its Deal with Softcard

Google has completed an agreement with U.S. wireless carriers AT&T, Verizon Wireless and T-Mobile to pre-install its Google Wallet payments app on Android phones sold by the carriers this year. In addition to the distribution deal, Google has also acquired technology and intellectual property from Softcard (formerly known as Isis Mobile Wallet).

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