Samsung Group acquires mobile payment firm LoopPay to take on Apple Pay

Samsung (NASDAQ:SSNLF) has officially entered the mobile payment space by acquiring the mobile payment tech firm known as LoopPay. LoopPay had previously launched a payment solution that utilized a fob, instead of a mobile device, but it is believed that this will be the type of technology that Samsung will employ moving forward – and … Continue reading Samsung Group acquires mobile payment firm LoopPay to take on Apple Pay