Struggling Google Wallet Finds New Life With Softcard Deal
Google has secured a deal with three big wireless carriers to have Wallet pre-installed on Android phones, but this could mean the end of Softcard.By Ben Lawson | February 23, 2015
Google has just secured a deal that puts Google Wallet back in the mobile payments battle.
In a blog post Monday, Google announced it was partnering with AT&T, Verizon and T-Mobile to have Google Wallet come pre-installed on their Android phones.
The rumor that something like this was in the works emerged last week, but it seemed unlikely because those three carriers already had their own mobile payments system, Softcard.