There Is A Deeper Story Everyone Is Missing With Samsung Pay.
Brian Roemmele

May I suggest updating this article? There are a lot of incorrect statements in it. LoopPay and Samsung Pay are different. LoopPay only copied and mimicked the information on the card’s magnetic stripe. It wasn’t any more secure than a physical credit card.

Samsung Pay, on the other hand, uses tokenization for all transactions, NFC or MST.

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