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Home Business Finance Mobile payments

Softcard

by Nyongesa Sande
3 years ago
in Mobile payments
Reading Time: 2 mins read
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Softcard
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JVL Ventures, LLC d/b/a Softcard (formerly Isis Mobile Wallet), was a joint venture between AT&T, T-Mobile and Verizon which produced a mobile payments platform known as Softcard, which used near-field communication (NFC) technology to allow users to pay for items at stores and restaurants with credit and debit card credentials stored on their smartphones. The partnership was first announced on November 16, 2010; following a trial period in 2012, the service officially launched nationwide on November 14, 2013. The official Softcard app was available for NFC-compatible smartphones using the Android operating system and later on Windows Phone 8.1.

OwnerGoogle
Websitegosoftcard.com

On February 23, 2015, it was announced that Google—which had developed a competing system known as Google Wallet, backed by Sprint and MetroPCS—had acquired certain assets and intellectual property from Softcard. The Softcard service was discontinued on March 31, 2015, and the three founding carriers pledged support for Google Wallet. In May 2015, Google unveiled Android Pay as a successor to Google Wallet and Softcard.

Post Views: 54
Tags: JVL Ventures
Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a seasoned writer, editor, and digital publisher passionate about delivering high-quality, SEO-optimized content across diverse fields including politics, technology, culture, business, and sports. As the founder and driving force behind NyongesaSande.com, he has built a trusted platform that blends in-depth reporting with accessible storytelling, making complex issues understandable to a broad audience. With a strong background in East African and global affairs, Sande is dedicated to providing readers with accurate, engaging, and impactful insights that both inform and inspire.

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