LG confirmed to launch mobile payment platform next month

LG logoMobile payments are becoming more and more popular with several platforms out and another one on the way.

LG confirmed to The Korea Times that it is planning to launch its own mobile payment platform as soon as next month. LG is making deals with South Korea’s major credit card companies before launching the service. There are no details on the official name nor the date of launch.

It is also unknown whether LG will only use NFC or also MST (Magnetic Secure Transmission like Samsung Pay).

It will be difficult for LG to gain traction with a mobile payment service among giants like Apple, Samsung, and Google, all offering their own payment service, but with the market still in its infancy everything is possible. The company will have to do something different that will encourage people to buy an LG smartphone to use its new mobile payment service.

Source: GSMArena

Tags: LG

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

Consumer group recommends iPhone 8 over anniversary model
LTE connections wherever you go and instant waking should come to regular PCs, too
That fiction is slowly becoming a reality
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
Human moderators can help make YouTube a safer place for everyone
Google says Progressive Web Apps are the future of app-like webpages
All 2018 models to sport the 'notch'
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /

News Archive



Do you use microSD card with your phone?
or leave your own version in comments (4)