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Exclusive: Paydiant Co-Founder Expects More Consolidation After PayPal Merger, Others May 'Cease To Exist'
Thursday, March 26, 2015 - 8:35am | 421The mobile payments space is getting crowded, but consolidation and implosion could reduce the industry to a more manageable level. Paydiant, a white label mobile wallet platform, was acquired by eBay Inc (NASDAQ: EBAY)'s PayPal earlier this month. Before that, Google Inc (NASDAQ: GOOG) acquired...
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How Will PayPal's Market Share Be Impacted By Google Wallet And Apple Pay?
Wednesday, February 25, 2015 - 8:42am | 482Google Inc (NASDAQ: GOOGL) recently acquired Softcard, a venture backed by major carriers in the U.S. to support NFC-based mobile payments. With this acquisition Google’s digital payment platform, Google Play, will now be available pre-installed in all the Android devices sold by the major...
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JP Morgan Says Google's Mobile Payment Agreement Is 'Classic Huddle In A Storm' Scenario
Tuesday, February 24, 2015 - 10:04am | 114In a report published Tuesday, JP Morgan analyst Rod Hall commented on Google Inc's (NASDAQ: GOOG) distribution deal with T-Mobile, Verizon and AT&T to get its Google Wallet payments app pre-installed on their phones. "We believe this is a classic huddle in a storm scenario," Hall wrote. "Both...
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Google's Plan To Sell Wireless Data Plans 'Directly' To Consumers
Thursday, January 22, 2015 - 1:17pm | 353Google Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is preparing to sell its own wireless voice and data plans “directly” to consumers, three people familiar with the plans reportedly told The Information. Google is expected to reach an agreement to buy wholesale access from Sprint and T-...
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Google Could Buy Softcard, Pairing Up With The Largest U.S. Wireless Carriers
Tuesday, January 20, 2015 - 9:28am | 314Google Inc (NASDAQ: GOOG) is engaged in exclusive negotiations to acquire Softcard -- a mobile payments platform jointly owned by AT&T, Verizon and T-Mobile -- for at least $50 million, according to The Wall Street Journal. The move seeks to help Google better compete with...