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Home › Samsung to acquire LoopPay

 

Samsung to acquire LoopPay

2015-02-18 23:39:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has agreed to acquire LoopPay, a mobile wallet services provider that turns existing magnetic stripe readers into secure, contactless receivers. LoopPay will join Samsung to strengthen the company's overall efforts to provide users with safe and reliable mobile wallet services. No financial details of the takeover were disclosed. 

Tags: samsung acquire

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