Samsung acquires mobile payment firm LoopPay - 0 views
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Andrew thomson on 26 Feb 15Details of the transaction were not made available, but both companies released statements affirming their satisfaction with the terms, and optimism about their ability to enhance "digital wallet" technology. As customers become more reliant on tech devices for their finance management, more mobile payment methods have proliferated in the marketplace. LoopPay will work primarily with the mobile division of Samsung to bolster its movement toward app-based payment technology.