Samsung Mulls Partnership With LoopPay To Launch Competitor

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Posted 2 years ago

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Samsung Creating A Cover To Assist Those Who Are Visually-mobile payment systemSamsung is in discussions with LoopPay, a Massachusetts-based startup, to launch a wireless mobile payment system to complete with Apple Pay.

No deal has been agreed upon at this point, and it’s possible that a deal might not materialize.

Owners of Samsung smartphones would be able to make payments simply by waving their phone, instead of swiping a card.

Samsung and LoopPay have refused to comment on the possible partnership.

Check out further details of this story here.

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