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Google Teaming Up with Carriers on Payments

Google has agreed to a deal with AT&T, T-Mobile, and Verizon that will make Google Wallet more competitive with Apple Pay. All three carriers will pre-install the Google Wallet app on Android phones, and Google will gain intellectual property from the carrier-owned payment service Softcard. Google beat Apple to mobile payments by several years, but in many cases, the carriers prevented Google Wallet from accessing the necessary NFC chip in Android phones.

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