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It's been just a couple of weeks since Samsung acquired mobile payments company LoopPay, but it's ready to announce the payment service based on LoopPay's tech: Samsung Pay. The service works with NFC (like Apply Pay and Google Wallet) and a new(ish) tech called Magnetic Secure Transmission (MST)....

2 months ago 0 Comments
March 1, 2015 at 12:30PM
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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 (which, notably, isn't based on NFC like Google Wallet and Apple's option) mimics swiping a traditional credit card when you h...

3 months ago 0 Comments
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Samsung is edging closer to debuting its own take on wireless payments, according to a report from Recode. Following the launch of Apple Pay earlier this year, Samsung has reportedly been trying to license technology from startup LoopPay to create a competing service. Although the site's anonymous...

5 months ago 0 Comments