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Google plans to acquire the company for payment services via mobile phones
Google began intensive negotiations to acquire the company “should Card” specialized in providing payment service via mobile phones, a company owned by the three telecommunications companies in the United States.
The companies “AT & T” AT & T and the “Verizon” Verizon, and “T-Mobile America” T-Mobile USA has teamed up to launch the former company “should Card”, ISIS, to provide payment services via mobile in shops across the contacts near-term technology NFC, but the service has not received great acceptance.
Insiders pointed to the deal sources, the report highlighted in the Wall Street Journal, that Google intends to acquire the “Soft Card” for an amount not less than US $ 50 million, to support e-payment services offered by such “Google Walt” Google Wallet service.
The sources said that the royal telecommunications companies for “Soft Card” welcomes the deal with Google, for several reasons, most notably the face of the anticipated success of the service, “Bai Apple” Apple Pay launched the “Apple” company last year in America, and began to expand significantly that.
The Apple revealed last September for a service that relies on in iPhone mobile NFC technology, where the phone stores the payment information securely and encrypted using the application “Baspock” Passbook through manually add or photographed by the camera, and submit it to the application of the service until payment process .
The sources added that the deal would involve cooperation between Google and telecom companies in the electronic payment service via mobile, and telecommunications companies are currently negotiating a profit-sharing model, which will largely determine the ultimate contrast to the process of acquisition.
It is noteworthy that “PayPal” also made an offer to acquire the company “should Card” which stopped its work since last week after the demobilization of more than 60 employees from its process, where sources confirmed that the company will return to work after the completion of the sale of the company, and that Google closest to the completion of the deal .Viewing:-163
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