Editor in Chief
- Dec 30, 2010
- Reaction score
- Austin, TX
Samsung focused on universal acceptance with their new mobile payment service called Samsung Pay. It uses a mixture of NFC and Samsung's new technology to make their mobile payment system available at more retailers than any other smartphone. It can already be used in over 10 million locations worldwide because the LoopPay technology built into the Galaxy S6 and S6 Edge use the existing magnetic stripe swipe technology that is already available at retailers.
Samsung just put Apple and Google on notice by trumping both of them in the mobile payment arena.