Wednesday, February 18, 2015

Samsung will buy Apple Pay competitor LoopPay

Samsung will buy LoopPay, a mobile payments company. LoopPay's technology allows mobile payments through traditional magnetic credit card readers. That means it can theoretically work in a lot more places than Apple Pay. According to a report last year in Re/code, Samsung plans to incorporate LoopPay's technology in its next flagship phone, the Galaxy S6. Samsung will formally introduce the Galaxy S6 at an event in Barcelona on March 1. Developing...refresh for the latest. Here's the full press...-> read more

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