Best Phone Arena - News: Samsung acquires the mobile wallet provider LoopPay, Samsung has united to amass the supplier of mobile billfold solutions LoopPay. money terms of the dealing haven't been disclosed.
Founded in Boston back in 2012, LoopPay could be a mobile payments supplier, whose product could be a direct rival to Apple Pay. The company’s Magnetic Secure Transmission school will work on roughly ninetieth of all existing location terminals.
As a part of the agreement, the founders of LoopPay can work with Samsung Mobile. the 2 firms are collaborating well before the acquisition, therefore it's quite probably to envision LoopPay mobile billfold school within the future Samsung Galaxy S6.
LoopPay can continue operative as AN freelance subsidiary of Samsung going forward.
Post a Comment