Samsung exec met with PayPal founder yesterday, Samsung Pay in the cards?

Samsung's heir Lee Jay-yong has met yesterday with PayPal founder Peter Thiel at a Samsung-owned hotel in downtown Seoul, Korean media reports. The hour-long meeting has apparently been dedicated to Samsung Pay: “Samsung’s Lee may have asked for business advice from Thiel, who is an expert in fintech. Expectations are high that Samsung will soon launch a new competitor to Apple Pay...”

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