Tag : LoopPay
Samsung Says Samsung Pay Not Affected After LoopPay Hack
Almost immediately after a report about a security breach on LoopPay emerged, Samsung issued a statement to assure users that its premium payment service was not affected in the incident. The South Korean-tech giant also confirmed that its subsidiary has already taken the necessary steps to handle t… Samsung Takes Aim at Apple Pay with LoopPay Acquisition
Samsung has moved forward with its efforts toward mobile payment system as the South Korean company recently finalized its acquisition of LoopPay, a mobile wallet firm that could aid Samsung’s users in their payment transactions using smartphones. Samsung To Go Into Mobile Payments and Compete with Apple Pay
Samsung is reportedly developing a wireless mobile payment system that will be launched in 2015 to compete with Apple Pay.