Samsung buys startup mobile platform Loopay

The Tech giant, Samsung, officially announced the acquisition of LoopPay, a mobile payment platform that Samsung is expected to relaunch soon as its own mobile payment platform.

Google to buy mobile payment company, Softcard, for $100 million

There has been reports that Google is planning to buy mobile payments company Softcard — a move that could facilitate Google's competition with Apple Pay payments service. Softcard is a joint venture between Verizon, AT&T, and T-Mobile that was formerly known as ISIS.