topic Re: No more Softcard in Personal Finance

No more Softcard

JSS3 — Wed, 04 Mar 2015 23:39:14 GMT

Wow just got an email saying it will no longer work after 3/31. It advised us to use google wallet.

Re: No more Softcard

longtime_lurker — Wed, 04 Mar 2015 23:43:55 GMT

@JSS3 wrote:
Wow just got an email saying it will no longer work after 3/31. It advised us to use google wallet.

Google bought Softcard, so this makes total sense. Why would they run 2 mobile payment services concurrently?

Re: No more Softcard

yfan — Wed, 04 Mar 2015 23:59:36 GMT

Oh but don't fret, Samsung had to go do what it does best: develop redundant applications for its Android devices. Enter Samsung Pay.

Re: No more Softcard

Anonymous — Thu, 05 Mar 2015 00:40:49 GMT

I got the email as well. Guess this means I need to shred the Amex Serve card I don't even use anyway. Contactless payments are really still too new across the board anyways.

Re: No more Softcard

Anonymous — Thu, 05 Mar 2015 00:41:38 GMT

Haha yeah I have an S4. They also acquired Looppay as well

Re: No more Softcard

Open123 — Thu, 05 Mar 2015 00:42:47 GMT

@Anonymous wrote:
I got the email as well. Guess this means I need to shred the Amex Serve card I don't even use anyway. Contactless payments are really still too new across the board anyways.

Serve will still exist, but Softcard (ISIS wallet) will not. So, curious to see if the $1,500 montly CC load with Softcard will resort to the $1,000 for regular Serve.

Re: No more Softcard

bigbang91 — Thu, 05 Mar 2015 00:44:28 GMT

@yfan wrote:
Oh but don't fret, Samsung had to go do what it does best: develop redundant applications for its Android devices. Enter Samsung Pay.

You are deeply misinformed. Samsung Pay will win over Apple Pay, because it not only work using NFC, it also works with normal terminal that accept magnetic stripe. I cant wait to test it on my note edge

Re: No more Softcard

Anonymous — Thu, 05 Mar 2015 00:51:26 GMT

@bigbang91 wrote:
@yfan wrote:
Oh but don't fret, Samsung had to go do what it does best: develop redundant applications for its Android devices. Enter Samsung Pay.
You are deeply misinformed. Samsung Pay will win over Apple Pay, because it not only work using NFC, it also works with normal terminal that accept magnetic stripe. I cant wait to test it on my note edge

One side you are right (for now) but come October 2015 all merchants are to convert their terminals to the new chip technology. From a technology point of view, Apple is one step ahead of Samsung.

We'll just to wait and see who wins come a year from now?

http://mashable.com/2015/03/03/samsung-pay-security/

Re: No more Softcard

bigbang91 — Thu, 05 Mar 2015 01:25:56 GMT

balboa wrote:

bigbang91 wrote:

yfan wrote:

Oh but don't fret, Samsung had to go do what it does best: develop redundant applications for its Android devices. Enter Samsung Pay.

One side you are right (for now) but come October 2015 all merchants are to convert their terminals to the new chip technology. From a technology point of view, Apple is one step ahead of Samsung.

We'll just to wait and see who wins come a year from now?

http://mashable.com/2015/03/03/samsung-pay-security/

They still have 7 months to add chip ability on, and embedded prefix emv code, which make the terminal think that its reading emv chip. So yeah, we will see who wins. Btw, technically, using samsung pay is not a card present situation i assume, which does not fall under the new liability shift.

P/s:samsung pay will work worldwide, while apple pay for now us only, score 1 already

Re: No more Softcard

DantGwyrdd — Thu, 05 Mar 2015 02:00:02 GMT

@Open123 wrote:
@Anonymous wrote:
I got the email as well. Guess this means I need to shred the Amex Serve card I don't even use anyway. Contactless payments are really still too new across the board anyways.
Serve will still exist, but Softcard (ISIS wallet) will not. So, curious to see if the $1,500 montly CC load with Softcard will resort to the $1,000 for regular Serve.

I'm curious to see how this will affect the current $0 monthly fee for the Serve for us who got it through the Serve-Softcard (ISIS) deal (I have a card that has both Serve and ISIS branding), i.e., I'm wondering if the no fee will be grandfathered in or if they'll start charging the fee now that there will be no more Softcard.

The fee chart on https://www.serve.com/softcard/ seems to make a distinction between a Serve card that's in a Softcard account and the co-branded one that was opened by signing up through Softcard which seems to imply that the co-branded one's fee should not be necessarily affected by the dissapearance of Softcard, but who knows.

Re: No more Softcard

Anonymous — Thu, 05 Mar 2015 06:14:27 GMT

That's what I was wondering as well. I don't really use it, so might as well get rid of it once softcard is gone.

Re: No more Softcard

Firefly_1984 — Thu, 05 Mar 2015 07:39:35 GMT

@bigbang91 wrote:
@yfan wrote:
Oh but don't fret, Samsung had to go do what it does best: develop redundant applications for its Android devices. Enter Samsung Pay.
You are deeply misinformed. Samsung Pay will win over Apple Pay, because it not only work using NFC, it also works with normal terminal that accept magnetic stripe. I cant wait to test it on my note edge

Oh, that's nice to know! I would definitely like to try it out with my S5!

Re: No more Softcard

DantGwyrdd — Thu, 05 Mar 2015 08:31:11 GMT

@Anonymous wrote:
That's what I was wondering as well. I don't really use it, so might as well get rid of it once softcard is gone.

Yeah, I don't use it a lot either, but I do like having it around to use with stuff where I don't feel comfortable using a "proper" credit/debit card (mostly random online stuff, esp. promo things which require a card number).

Re: No more Softcard

Anonymous — Sun, 08 Mar 2015 04:14:13 GMT

This is a bummer. I just got the Serve for transferring money from my debit cards and Bill Pay. I am also wondering if the $1,500 per month add will revert to the non Softcard Serve limits of $1,000 per month? The email that I received from Serve makes it seem as it will be business as usual? Only time will tell?

Re: No more Softcard

DantGwyrdd — Tue, 17 Nov 2015 18:43:31 GMT

No more free Serve (unless you do a monthly direct deposit to it):