Wednesday, February 18, 2015

What Samsung’s Mobile Payments Acquisition Has That Apple Pay Doesn't

Samsung just announced its intention to buy Boston-based LoopPay, a mobile payments company that has one very noteworthy benefit—the technology can work with standard magnetic stripe-reading credit card terminals.The payments company claims it works with 90% of those existing machines, which would immediately give Samsung a payments system with far more support than Apple Pay right out of the gate. “We are excited to take our relationship with LoopPay to the next level, by bringing consumers a...-> read more

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