[youtube=https://www.youtube.com/watch?v=bw1l149Rb1k]
Samsung is planning to launch its own mobile payment service next year, in competition to both Google Wallet and Apple Pay, reports Re/code. It suggests that the company is in talks with LoopPay, a startup which describes itself as “the most accepted mobile wallet on the planet.”
The technology would allow people with certain Samsung phones to pay in the vast majority of brick and mortar stores by waving their phones instead of swiping with a credit card or cash […]
The talks between Samsung and LoopPay come as the idea of paying for goods in stores using a phone was rekindled in the U.S. thanks to the launch of Apple Pay.
The plan would allow Samsung’s mobile payment service to work with all cards and all payment terminals right out of the box …
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It’s also no slouch in the specs department, with a 64-bit octacore Snapdragon 615 processor, 5.5-inch 1080p display, 13MP main camera, 5MP front camera, 2GB RAM and 16GB internal storage – with a clever dual-SIM tray that allows you to substitute a microSD card of up to 128GB for one of the SIMs … 









