Google announced at the end of last month that it had acquired the technology behind mobile payments app, Softcard. Now that company, which is owned by Verizon Wireless, AT&T, and T-Mobile, is shutting down.
Softcard has announced on its website that its app will stop working on March 31 and will be replaced by Google Wallet. It’s not a surprise as Google also signed a deal with the carriers to preinstall its app on their Android devices.
The statement from Softcard says:
We are pleased to let you know that Google has acquired technology from Softcard to power the next generation of mobile wallets. What does that mean for you? As of 3/31 your Softcard app will no longer work. You can continue to use the Softcard app until 3/31. After that your Account will be closed.
Sadly, the news also means Softcard’s disturbing mascot Tappy has also been put out to pasture.
Image credit: Softcard