Softcard, the mobile payment system built by Verizon, AT&T and T-Mobile, has just announced it’s shutting down on March 31st. When the 31st rolls around, all Softcard mobile applications will stop working and all active accounts will be shut down.
What does the deal mean for Softcard users?
Google has acquired technology and intellectual property from Softcard. 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.
What happens to payment and loyalty cards in my wallet?
This information will not be shared as part of this deal. Once your wallet is terminated your payment and loyalty cards can no longer be used in the Softcard wallet app. However you can continue to use your plastic payment and loyalty cards in-store or online.
SOURCE: SOFTCARD, ANDROIDAUTHORITY.COM