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Google buys Softcard tech, Google Wallet to be preinstalled on more devices

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Google has just announced that it has acquired "technology and intellectual property" from the online payments company Softcard. It has also revealed that its Google Wallet app will soon be pre-installed on Android devices sold by AT&T, Verizon Wireless and T-Mobile. The specific financial terms of these deals were not disclosed. Rumors about the Softcard acquisition were first reported in January.





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