Wednesday, 22 March 2017

LG is finally launching its mobile payment system (in Korea)

LG is finally ready to debut its Samsung and Apple Pay rival now that it has forged a partnership with US-based firm Dynamics Inc. According to Reuters and Yohnap News, the Korean tech giant plans to launch its mobile payment system aptly called "LG Pay" in its home country this June. It will use Dynamics' wireless magnetic technology and will work with existing credit card terminals, just like Samsung's solution -- you only need to tap your phone against the device to make a purchase.

Source: Reuters, Yonhap News


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