Categories
Close
Menu
Menu
Close
Search
Search

News Articles

ExclusiveSamsung confirms its mobile payment plans

Samsung Electronics has announced a new mobile payment service called Samsung Pay.

It combines what it’s calling Magnetic Secure Transmission - the technology used by its recent acquisition LoopPay - with Near Field Communication. As a result, it says consumers will be able to use secure mobile payments at ‘nearly all’ merchant locations.

ExclusiveSamsung to acquire the LoopPay mobile payment platform

Samsung Electronics has agreed to acquire mobile wallet service LoopPay.

LoopPay’s products can allow a retailer’s conventional card reader to also accept contactless payments, with the ability to work with around 90% of all point-of-sale terminals in the USA.

RSS
1345678910Last

Follow thefonecast.com

Archive Calendar

«November 2026»
MonTueWedThuFriSatSun
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456

Archive