A report published today reveals that Samsung is looking to offer its own mobile payment system next year. To that end, Samsung is said to be in talks with LoopPay, a start up based in Burlington, Mass. One person familiar with the talks says that a prototype of the system has been developed and has worked successfully on a Samsung handset. LoopPay CEO Will Graylin has hinted that LoopPay would be found next year, embedded in smartphones from a major manufacturer. The executive wouldn't confirm that Samsung is the handset manufacturer involved.Samsung is looking for a way to challenge Apple ...
from PhoneArena - News http://ift.tt/1sAfRa8
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