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    LG U+

    News stories featuring LG U+:

    LG U+ to launch biometric authentication platform

    June 20th, 2016

    LG U+ is to release a new service in August that uses biometric authentication for mobile shopping and banking transactions based on the storage of “personal biometric information in universal subscriber identity modules (USIMs),” according to Business Korea. “The platform is to be used for combination of users’ biometric information, such as fingerprint data and iris data, with the mobile carrier’s subscriber and billing information so that one-stop authentication can become possible,” the publication reports. The service will make use of Fido standards.

    LG U+ to issue UnionPay mobile credit cards in China

    August 12th, 2015

    Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month. “The telecoms operator is about to obtain approval from the People’s Bank of China,” Business Korea reports. “The users can use NFC-based mobile credit card payments at five million UnionPay terminals in China.”

    Casio picks STMicro for rugged NFC smartphone

    April 22nd, 2013

    The 4G LTE G’zOne CA-201L is waterproof, shockproof and dustproof, says Casio, and can be used for mobile payments applications as well as NFC read/write functions. More

    Korean banks launch NFC payments service

    March 20th, 2013

    Sixteen Korean banks have introduced BankWallet, a prepaid NFC payments service that uses a platform developed by interbank clearing house KFTC. SK Telecom subscribers with an NFC phone will be the first to be able to use the new service and KT customers will be added soon. More

    LG CNS to introduce NFC access control service

    July 18th, 2012

    The Korean IT services supplier has partnered with carriers KT and LG U+ to enable employers to use NFC mobile phones to replace staff ID badges. Additional services such as payroll integration and payments are planned for the future. More

    World Expo 2012 to showcase NFC applications

    February 20th, 2012

    This year’s World Expo in Yeosu, Korea is to include NFC-based payments, food ordering, entrance tickets and parking as well as an NFC shopping wall and access to multilingual information on exhibits and transportation. More

    NFC shopping zone opens in Seoul

    December 18th, 2011

    Korea’s leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul’s busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More

    Korea drives ahead with plans for NFC leadership

    June 13th, 2011

    Up to 300,000 NFC-enabled points of sale are set to be installed in South Korea and all smartphones must include NFC capabilities by the end of 2011, Reuters has reported. The Korea Communications Commission (KCC)… More

    Korean national NFC alliance aims to create a billion dollar business opportunity

    June 6th, 2011

    Korean mobile network operators, card issuers, consumer electronics manufacturers and government organisations have formed the Grand NFC Korea Alliance with the aim of creating a US$1bn business opportunity and more than 5,000 jobs. More

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