Samsung Pay Takes On Apple Pay This Summer With LoopPay’s MST Tech

Samsung Pay Takes On Apple Pay This Summer With LoopPay’s MST Tech

By Darrell Etherington

s6-edge-home

Samsung has a new mobile payment solution it announced today, though it will require a few more months before it arrives on the new Galaxy S6 and S6 edge smartphones this summer. It’s called Samsung Pay, and it uses the magnetic secure transmission (MST) tech that Samsung acquired via its purchase of LoopPay last month, which means the vast majority of U.S. retailers should be able to… Read More

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Source: TechCrunch Gadgets

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