The deal could help pair Google with the largest US wireless carriers to battle Apple and its new Apple Pay service, TechCrunch wrote.
The deal may be valued below $100 million, the report said citing sources. Softcard is jointly owned by AT&T, Verizon Communication’s Verizon Wireless Inc and T-Mobile US.
Google was not immediately available for comment outside regular US business hours.
“We do not comment on merger speculation,” said a Softcard representative.