Samsung may open up its payment service to third-party OEMs at some point

Samsung Pay is definitely one of the most interesting contactless payment solution to come along in a while and probably the most ambitious one as well. If you haven't heard about it yet, the platform has a feature called LoopPay, which can successfully trick almost any traditional swipe payment terminal and transmit a secure version of you card information to it. The whole idea is almost too good to be true, but Samsung has made the magnetic field trickery possible and it is already enjoying quite a lot of popularity in Korea, China and the US.