Samsung is readying the termination of Samsung Wallet’s two-year run. “All of Samsung Wallet’s features will stop functioning by the end of June,” reports Tech Times. “The Samsung partner portal will be shuttered and the Samsung Wallet application programming interface will be unavailable.” As a replacement, the company is expected to introduce LoopPay this summer as the rebranded Samsung Pay. Samsung recently acquired payment service LoopPay for a reported $250 million. “As Apple pushes Apple Pay and Samsung preps Samsung Pay,” notes the article, “Google is cooking up a new API for Google Wallet. With that change, which will open the platform up to third parties, Google is gearing up Android Pay.”