According to the resource Re / code, Samsung is going to use LoopPay technology to make its own system of instant payments, able to compete with Apple Pay. Owners of Apple's smartphone can pay for goods and services in a variety of off-line institutions, applying mobile devices to payment terminals and confirming the identity by using the built-in fingerprint sensor.
Samsung still use a similar procedure only for online payments via PayPal, but in the coming six months on the market, you may receive service that helps pay for purchases using NFC and fingerprint sensor in Samsung smartphone . The technology will only work with certain models of smart phones brand, according to some reports, the prototype devices supporting it is already being tested. According to other information, the deal with LoopPay still in the negotiation stage, and can not take place. One of the investors is a young American company VISA, so information security issues should be given enough attention.
LoopPay has long hinted that support for its technology of fast payment terminals in 2015 will be supported by one of the manufacturers of smartphones, but the name of the partner is still not known.