Samsung has bought new payment system LoopPay

Samsung has bought new payment system LoopPay

Samsung has bought new payment system LoopPay

This race will never end. Whether Samsung for Apple, whether Apple for Samsung. About the confrontation of these two giants can be a wall of text to write, but today’s news concerns the acclaimed Apple Pay. Payment system, which is simply amazing and win everything in the world payment systems in general. And although so far it’s so far from the truth, as Pluto from Mercury, Samsung thinks about everything in advance. And so I bought myself LoopPay.

LoopPay – is a mobile payment system that allows you to pay for purchases with your smartphone absolutely everywhere. It uses a system of Magnetic Secure Transmission That is, it seems to be magnetic scanners collects your credit card and you pay with your phone with a credit card through a conventional payment terminal. The absence of any frills means that such a payment system is taking and will take in the future almost every store. Except those where there are no non-cash payment, cash only. And this is the main advantage of the system compared to Apple Pay. So if you – apple fanatic and next to a photograph beloved cat in a purse carry a card with the presentation, where Tim Cook waves his arms and says, “In-oh-oh-oh-on with how many companies we managed to agree! Look! “, Think about LoopPay and chill out. I recently told me about a single bank card. The service works on the same principle, only everything is stored in the smart phone and nothing extra to carry around is not necessary.

And since Samsung is not exactly breathe for success Apple, purchase payment service simply means that (maybe!) In Samsung Galaxy S6 we see your system type Apple Pay. Will the Korean company once it perenazyvat such TouchPay or LoopWiz (second generally not) is not known. But at the request of the company, the acquisition will “create user friendly, safe and reliable way to implement mobile payments.”

Samsung has bought new payment system LoopPay

But the creators of the system of payment and George Will Grayling Uollner join the mobile division of Samsung. The only thing to pay for using the application, you will need an additional device CardCase. But maybe in the future Samsung will improve or that moment, or simply will invest it in the box as standard flagship.

Read another very interesting article about alternative energy of the Sun, water and air.




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