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Publié par | Fil_Economie |
Publié le | 19 février 2015 |
Nombre de lectures | 2 |
Langue | English |
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SamsungtoAcquireLoopPay,TransformativeDigitalWalletPlatform
MountainView,CAandSeoul,Korea-February18,2015-SamsungElectronicsCo.,Ltd.today
announcedthatithasagreedtoacquireLoopPay,theacclaimedmobilewalletsolutionsproviderthat
turnsexistingmagneticstripereadersintosecure,contactlessreceivers.LoopPay’stechnologyhasthe
potentialtoworkinapproximately90%ofexistingpoint-of-sale(POS)terminals,accordingtointernal
research,withnoinvestmentinnewinfrastructurerequiredbymerchants.LoopPaywilljoinSamsung
tostrengthenthecompany’soveralleffortstoprovideuserswithseamless,safe,andreliablemobile
walletsolutions.
Aspartoftheacquisition,LoopPayfoundersandveteranpaymentindustryentrepreneursWillGraylin
andGeorgeWallnerwillworkcloselywithSamsung’sMobileDivision.LoopPayhasbuiltanadvanced
andwidelyacceptedcontactlesspaymentsolutionusingitspatentedMagneticSecureTransmission
(MST)technology.LoopPay’stalentandtechnology,pairedwithSamsung’sworldleadingmobile
technology,globalpresence,anddistributioncapabilitieswillhelpdrivethenextwaveofinnovationin
thedigitalsmartwallet.
“Thisacquisitionacceleratesourvisiontodriveandleadinnovationintheworldofmobilecommerce.
Ourgoalhasalwaysbeentobuildthesmartest,mostsecure,user-friendlymobilewalletexperience,
andwearedelightedtowelcomeLoopPaytotakeusclosertothisgoal,”saidJKShin,Presidentand
HeadofITandMobileDivisionatSamsungElectronics.
SamsunghasanexistingrelationshipwithLoopPay,havingfirstidentifiedthepotentialforthe
pioneeringtechnologywhenitbecameastrategicinvestoralongwithVisaandSynchronyFinancial.The
investment,whichwasfacilitatedbySamsung’sGlobalInnovationCenter,helpedfuelLoopPay’sMST
technologydevelopment.
“WeareexcitedtotakeourrelationshipwithLoopPaytothenextlevel,bybringingconsumersamobile
walletsolutionthatisnotjustsafeandreliable,butalsowidelyacceptedatmorelocationsthanany
competingservice,”saidDavidEun,EVPofSamsung’sGlobalInnovationCenter.“Throughthisdealwe
cansignificantlyaccelerateourmobilecommerceefforts.LoopPay’soutstandingleadersandteamhave
deep-rootedrelationshipswithbanks,cardnetworksandmerchantsthatwillcomplementthose
Samsunghasestablishedovertheyears.”
MargaretKeane,PresidentandCEOofSynchronyFinancial,thelargestproviderofprivatelabelcredit
cardsintheU.S.andaleaderinpromotionalfinancing,aswellasaninvestorinLoopPay,commented,
“ThisisgreatnewsforourcustomerswhocanaccesstheircardsandmakepaymentsusingLoopPay's
contactlessMSTtechnology.Ourgoalistooffervaluableproductsforourclients,serviceproviders,and
ourcustomers.WelookforwardtoworkingwithLoopPayandotherstodeliversecuremobilepayment
solutionsforallofour60millionactiveaccounts.”
“LoopPayisfocusedondeliveringadigitalwalletsolutionthatisdependableforconsumersaroundthe
world,onethatprovidesmorevaluefromcardissuersandthemerchantsthatservethem,”saidWill
Graylin,CEOofLoopPay.“WeareexcitedtojointheSamsungfamilytocontinueourgoalofmaking
smartphonestrusted,securesmartwalletsandunlockthelimitlesspossibilitiesofmobileenabled
commerce.”
###
AboutSamsungElectronicsCo.,Ltd.
SamsungElectronicsCo.,Ltd.inspirestheworldandshapesthefuturewithtransformativeideasand
technologies,redefiningtheworldsofTVs,smartphones,wearabledevices,tablets,cameras,digital
appliances,printers,medicalequipment,networksystems,andsemiconductorandLEDsolutions.We
arealsoleadingintheInternetofThingsspacethrough,amongothers,ourSmartHomeandDigital
Healthinitiatives.Weemploy307,000peopleacross84countrieswithannualsalesofUS$196billion.
Todiscovermore,pleasevisitourofficialwebsiteatwww.samsung.comandourofficialblogat
global.samsungtomorrow.com
AboutSamsungGlobalInnovationCenter
TheSamsungGlobalInnovationCenterbringssoftwareandservicesinnovationtoSamsungElectronics
byworkingwithstartupsandentrepreneursthroughinvestments,acquisitions,partnershipsandthe
SamsungAccelerator.TheGIC’sdeepintegrationwithSamsungconsumerelectronicsandmobile
businessunitsprovideentrepreneursandstartupswithunparalleledaccesstoSamsungresources,
decision-makers,productroadmap,andtheworld’slargestplatformfordistribution.Openedin2013,
theGICoperatesacrossofficesinMountainView,PaloAlto,NewYorkCity,andSuwon,SouthKorea.
AboutLoopPay
Foundedin2012inBoston,MA,LoopPayisacceptedatmoremerchantsthananyotherdigitalwallet
solution.LoopPay’spatentedMagneticSecureTransmission™(MST)technologyturnsexistingmag
stripereadersintomobilecontactlessreceiverswithoutanychangesorcostsincurredbymerchantsor
theirpaymentprocessors.LoopPay’sdigitalwalletcanstoreanduseawidevarietyofmagstripecards
includingdebitandcreditcards,privatelabelcards,giftcardsloyaltycardsandrewardscards.Accessto
theLoopPayappanddataispasswordandPIN-protectedandLoopPayencryptsandstoresallcardtrack
datainsecurememorywithinanyLoopPaydevice.LoopPayisaLevelOnePCICertifiedPayment
Provider.TolearnmoreaboutLoopPay,visitwww.LoopPay.com.
PressContacts
SherylSeitz
SamsungGlobalInnovationCenter
650.625.7383
CaitlynCarpanzano
BrewPR
646.517.7561
GIC@brewpr.com