In a bid to catch up with Apple Pay, Samsung is said to have turned to a startup company, LoopPay, in hopes of debuting its own mobile payments service with wide compatibility in 2015. Citing multiple sources familiar with the talks, Re/code reported on Tuesday that Samsung's plans for a contactless payment service would be very similar to Apple Pay, allowing customers to use their Samsung phone to authorize credit card transactions at retail stores. Key to the deal is...
12/16/14 at 6:58am
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