After several weeks of rumors, Google has announced their acquisition of NFC payment processor Softcard. The purpose of this venture is to combine forces with Google Wallet, which has been around since 2011 but never enjoyed wide usage. With Apple Pay having recently entered the fray, Google apparently felt the time is now to get their service back on the map. Buying their competitor Softcard, though, is just the beginning.
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Official: Google Buys Softcard, The Mobile Payment Processor Formerly Known As Isis was written by the awesome team at Android Police.
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