LoopPay
By MacRumors Staff
LoopPay Articles
Samsung Acquires Apple Pay Rival LoopPay
Samsung today announced plans to purchase LoopPay, in an effort to compete with Apple's Apple Pay payments service. The two companies were in previously talks over a potential partnership in December for a payment system that would rival Apple Pay. LoopPay's technology stores payment information from a credit or debit card's magnetic stripe, transmitting payment details to card readers in lieu ...
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