News stories featuring Softcard:
April 5th, 2017
The global number of NFC SIM card shipments decreased in 2016 due in part to a “lower than anticipated” consumer uptake of SIM-based mobile payments and the impact of the closure of the Softcard mobile wallet in the US, the SIMalliance has revealed, despite reporting growth in NFC SIM shipments in key countries across Europe and the CIS regions, highlighting the demand in specific markets.
April 26th, 2016
The global number of NFC SIM card shipments remained static during 2015 following the closure of the Softcard mobile wallet in the US last year, the SIMalliance has revealed, despite reporting significant NFC SIM growth across Asia and Europe.
June 4th, 2015
The CEO of AT&T has admitted that the US carrier’s mobile payment efforts have failed in light of the closure of Softcard, the joint venture between it, T-Mobile USA and Verizon. “In the end, we thought we’re probably better off not investing more money in this space,” Ralph De La Vega told Forbes. “It seems like a more natural fit for the OS manufacturer doing those kinds of things. We decided to focus on another part of the business and not continue on the mobile payments area.”
May 28th, 2015
Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote.
May 7th, 2015
Industry veteran Tony Sabetti has joined CPI Card Group to lead its mobile and NFC market initiatives. Sabetti, who will helm the company’s CPIMobile digital issuance solution division, was previously technology director at US carrier-owned mobile payments venture Softcard. Before that he was a senior director of sales and marketing at NXP. Sabetti is also secretary of the Smart Card Alliance’s Mobile & NFC Council.
May 5th, 2015
O2, one of the three UK mobile network operators that formed the mobile commerce joint venture Weve three years ago, has bought out partners EE and Vodafone to operate the brand as a wholly-owned subsidiary — and…
April 14th, 2015
A total of 4.7bn SIMs were shipped in 2014 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, including 132m NFC SIMs, up 69% on 2013 and taking the total number of NFC SIMs shipped by alliance members over the past four years to 256m.
March 20th, 2015
“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really…
March 9th, 2015
The Softcard mobile wallet service is to close down altogether at the end of March 2015 in the wake of a deal between Google and the three US carriers that founded the NFC payments venture. “As of 3/31 your Softcard app will no longer work,” the company says. “You can continue to use the Softcard app until 3/31. After that your account will be closed. To keep using a digital wallet app download Google Wallet now.”
March 2nd, 2015
Google’s recent acquisition of Softcard’s NFC payments business may hit Samsung Pay’s prospects for widespread US adoption hard, says a respected payments consultant. Commenting on Samsung Pay’s launch, Tom Noyes is enthusiastic about the system’s mechanism for wider merchant acceptance but, he writes, “even if it were ready today it will never be pre-loaded on ANY phone in the US given the recent Google/Softcard deal with all three major US MNOs.”
February 24th, 2015
Google’s deal with AT&T Mobility, T-Mobile USA and Verizon Wireless to have Google Wallet pre-installed on their Android phones marks the end of the road for Softcard, the NFC payments joint venture set up as…
February 23rd, 2015
Google Wallet will be pre-installed on all Android phones supplied by Softcard partners AT&T Mobility, T-Mobile USA and Verizon Wireless from “later this year”, Ariel Bardin, Google’s vice president of payments, has announced. The deal…
February 11th, 2015
“Certification work” with Apple was all that was needed to add 200,000 vending and other self-service machines supplied over the last five years to the list of Apple Pay acceptance points, USA Technologies (USAT) has…
January 19th, 2015
Google is responding to the successful launch of Apple Pay by going on the mobile payments acquisition trail, according to industry rumours — and US carrier-owned NFC venture Softcard, which laid off 60 staff last week,…
January 12th, 2015
US carrier-owned mobile payments venture Softcard has laid off 60 employees out of an employee base of “hundreds” as part of an effort to “reduce costs and strengthen its business”. “This includes simplifying the company’s organisational…
November 20th, 2014
United Airlines is to install more than 6,000 iPads across Terminal C of Newark Liberty International Airport to enable members of the airline’s MileagePlus reward scheme to use their award miles to pay for food,…
November 17th, 2014
United Airlines and Chase are adding support for United MileagePlus credit cards to the Softcard mobile wallet. “Cardholders can now add United MileagePlus credit cards to Softcard, using the app to tap to pay and earn award miles at hundreds of thousands of locations nationwide that accept contactless payments,” Softcard says.
November 14th, 2014
US carrier mobile payments venture Softcard has unveiled Tappy, a mascot designed by the company behind The Muppets that will be used initially in an online advertising blitz reported to be valued at US$1.5m.
November 13th, 2014
McDonald’s sees accepting NFC mobile payments as part of its on-going customer service improvement remit, the fast food giant’s Anja Carroll has told NFC World+. “We can accept all payment products that leverage standard NFC…
November 10th, 2014
US carrier joint venture Softcard’s NFC mobile payments service will be available on more than 100 devices by the end of the year. “We believe in customer choice — it’s one of our core principles and an important factor in driving widespread consumer adoption,” says CEO Michael Abbott. Softcard currently runs on selected Android and Windows Phone devices, with support for iOS planned.
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