Samsung Pay is Growing Faster than Apple Pay: Bloomberg

Samsung Pay is Growing Faster than Apple Pay: Bloomberg

According to a new report by business magazine Bloomberg, Samsung Pay is growing at a record pace in its move to dominate the mobile payment space and is now growing at a faster rate than Apple Pay. The technology, which mimics the magnetic stripe on credit cards to enable payment on any credit card reader, has garnered Samsung 5 million users and $500 million in transactions thus far.

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