Samsung is acquiring the company behind the Galaxy S6’s Apple Pay competitor

%name Samsung is acquiring the company behind the Galaxy S6’s Apple Pay competitor by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Samsung is getting serious about mobile payments. According to Business Insider, Samsung is planning to buy LoopPay, a mobile payments company that uses technology which allows users to make payments with traditional credit card readers. This could give LoopPay an advantage over the more limited Apple Pay.

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Posted in Mobile.