Softcard is shutting down on March 31st, and Google Wallet will replace it
The carrier-backed Softcard mobile wallet system will be killed off permanently on March 31st, the company has announced. Confirmation of Softcard’s demise follows major news last month, when Google announced a deal with three of the four major US carriers that will result in Google Wallet being preloaded onto future Android smartphones. That agreement also saw Mountain View purchase some of Softcard’s technology, which presumably will be intertwined with Google’s own tap-to-pay capabilities. All existing Softcard user accounts will be closed on March 31st, according to an email being sent out to customers.
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