After the word last week that Google was buying technology and patents from Softcard, it is no surprise that the latter announced on Thursday that it is officially shutting down at the end of the month. Apple has become a huge player in the game with Apple Pay, which has single-handedly raised the public awareness of mobile payment services.
Samsung has fought back with its purchase of LoopPay and the introduction of Samsung Pay. The former uses older magnetic stripe technology that allows Sammy to instantly offer its service at 10 million retail locations as opposed to the 230,000 ...
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