It looks like the US cellular carriers are bowing out of the mobile payments war. Google just announced it has struck a deal with Verizon, AT&T, and T-Mobile to purchase "some exciting technology and intellectual property" from Softcard, the carriers' mobile payments initiative. The three carriers have also agreed to preinstall Google Wallet on their Android phones.
T-Mobile this week announced an initiative that it calls "smartphone equality." The carrier will no longer punish customers with less-than-great credit.
Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday.
Between now and April 9, T-Mobile subscribers can walk into a Sprint store and immediately receive at least $200 in credit for any working smartphone if they switch to Sprint's network, the company announced Friday. Sprint has fired a shot over competitor T-Mobile's bow.
Google is gearing up to sell wireless service directly to customers as a mobile virtual network operator (MVNO), by acquiring excess network capacity from Sprint and T-Mobile and reselling it to customers under its own brand.
Google is reportedly looking to buy a competitor to Apple Pay- the one that until recently was known as "Isis.
The Simply Prepaid plan puts T-Mobile in direct competition with its own prepaid arm, MetroPCS, which may actually still provide a better value for some.