The Android mobile payments landscape will soon be simplified thanks to an agreement between Google and the wireless carriers AT&T, Verizon, and T-Mobile. Under the deal, Google Wallet will Partner with Softcard, a mobile payments consortium owned by the 3 carriers. Google Wallet will soon be installed by default by the 3 carriers. There will also be a technology transfer with technology and IP transferring from Softcard to Google to enhance Google Wallet.
If you’re a current Softcard user, the app will continue to function for at least the time being. The companies were vague on exact details, so there isn’t a exact timetable or indication whether there will be a transition for Softcard users. Geek Beat will bring you more information when it’s released.