LoopPay's existing technology lets users tap a key fob, an electronic card or a smartphone "ChargeCase" on credit card machines instead of swiping a credit card, and it's easy to say where Samsung might adapt these for its own purposes.
With that tech embedded into a Samsung smartphone users could pay with their handsets without having to wonder whether the store accepts mobile payments with more complicated systems like Apple Pay and Google Wallet. And LoopPay CEO reportedly said recently that that would happen in 2015 - though at the time no one had any idea what kind of smartphone it would be.
Samsung Might Launch Apple Pay Rival in 2015. What We Know so Far : BIZ TECH : Tech Times
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