Softcard and Google

This popped up into my email today.

Essentially Google has bought Softcard IPs (and not the company, which is interesting) and is shutting down the app eventually.

But will Google Wallet work on non-Google phones such as Samsung Galaxy III and all where Softcard does work?

The NFC implementations in Google Wallet and Softcard are done differently; It would have been good for Google to provide both implementations in its app so that it can work in both scenarios (with secure element and without needing one?)

Also there is going to be change in the market with Paypal coming out of eBay, EMV implementation and existing mobile payment solutions such as Square creating new type of innovations.

Google buys IP of Softcard

Flint | App for credit card processing

I was expecting to see something better coming up for credit card processing, till I saw Flint. Flint lets you charge a credit card by "scanning" it. That is just taking its picture using Flint App.

It says that it will not store info on the phone, but will they store the numbers? and how about EMV compliance?

Their process to me is same as entering a credit card number on a web page ala paypal. I still prefer paying thru Square.