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CNET News - Samsung touts new mobile pay service with US rollout date

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Read more about Samsung Pay:
Samsung's Injong Rhee talks up the company's new mobile pay service at its Unpacked event in New York City. The new system allows users to ​swipe ​​"virtually anywhere" integrating with store magnetic stripe, NFC and bar code readers. The new technology will be available in the US starting August 20.
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