Confirming rumors that Google was looking to acquire Softcard, the company has announced that it has entered an agreement with the telecom coalition that owns Softcard to acquire some of the services technology and have Google Wallet pre-installed on smartphones from AT&T, T-Mobile, and Verizon. Considering how Google Wallet and Softcard used to be at each other’s throats in the mobile payments market, this just shows how serious of a threat Apple Pay is that the two are actually working together.