20-12-2014 01:03 via techradar.com

Samsung might launch its own, superior Apple Pay competitor

Samsung will launch its own mobile payment company to rival Apple Pay in 2015, according to a pair of new reports.The Korean company is in talks with a payments startup called LoopPay, Re/code reported this week.The real kicker? That Samsung's version will be compatible with retailers' existing credit card machines, which would give Samsung an automatic advantage over Apple Pay.LoopPay's existing technology lets users tap a key fob, an electronic card or a smartphone "ChargeCase" on cr
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