Wednesday, February 18, 2015

Samsung is buying LoopPay for its own spin on Apple Pay


Samsung is moving into mobile payments in a big way by acquiring LoopPay, a company that lets you pay for things with your phone similar to Apple Pay. LoopPay's technology actually mimics swiping a traditional credit card when you hold one of its smartphones cases up to a card reader, which gives it the advantage of working in plenty more places than Apple's solution.


Developing...


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Source: BusinessWire (PR)


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