17 news stories about LG Pay
Find out more about LG Pay and other OEM pay systems in our OEM Pay Availability by Country list.
Find out more about LG Pay and other OEM pay systems in our OEM Pay Availability by Country list.
The weekly volume of mobile wallet debit card transactions in the USA has increased by 70.3% compared with this time last year, while weekly mobile wallet credit card transactions have grown by 50.4% over the same period, according to the PSCU’s latest Tracking Transaction Trends report... More
LG has launched its LG Pay mobile payments service in the US, enabling owners of its G8 ThinQ smartphone to make payments via NFC in stores equipped with a contactless POS terminal — and in stores with a magnetic stripe terminal using Wireless Magnetic Communication (WMC)... More
LG to launch mobile payment system in US by June — Yonhap — “LG Electronics Inc said Tuesday it will launch its mobile payment system in the United States during the first half of this year in time with the release of its upcoming mobile phone… Based on the Wireless Magnetic Communication technology, LG Pay allows users to make payments by touching their smartphones to regular credit card devices… LG said it is considering launching its mobile payment system as LG Wallet in the US.”
Samsung Electronics and LG Electronics to introduce their new low-end smartphones at CES 2018 — ETNews — “Samsung Electronics and LG Electronics are going to introduce their new low-end smartphones at CES 2018… Galaxy A8 series are installed with Samsung Pay and fingerprint recognition…. K series are installed with a mobile payment system called LG Pay that is applied to premium smartphones such as G and V series. This is the first time when LG Electronics’ low-end lineup is applied with LG Pay.”
LG Pay to be used for low-budget smartphones next year — Korea Herald — “‘We will expand the use of LG Pay into low-budget smartphones alongside premium phones next year,’ Cho Jun-ho, president of LG’s mobile communication division said during a meeting with local bloggers on Friday… Cho said the use of LG Pay will expand into online stores and the global market, although he did not elaborate the specific date.”
LG’s mobile chief confident of payment tool — Yonhap News — “The head of LG Electronics Inc’s mobile business said Wednesday the company plans to release its mobile payment platform LG Pay overseas in the future, expressing strong confidence over the service… LG Electronics said 38.4% of the tool’s users were in their 30s as of end June, while the number of those in their 50s and 60s was quickly increasing.”
LG has announced the launch of its LG Pay mobile payments service in Korea, allowing consumers with the LG G6 smartphone to make mobile payments using the service’s Wireless Magnetic Communication (WMC) technology... More
LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor... More
The Wireless Magnetic Communication technology being used for LG’s mobile payment service will allow consumers to pay with their phones in more places without having to change any of the point of sale terminals or re-educate merchants, technology provider Dynamics’ CEO has told NFC World. More
LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”. More
LG will not launch its LG Pay mobile payments platform on the upcoming LG G6 device due to time constraints and the company may be abandoning its plans to launch the service altogether, South Korean publication Newsis reports... More
LG Electronics is working on an alternative to Samsung’s proprietary Magnetic Secure Transmission (MST) technology for mobile payments, Android Authority reports... More
LG has delayed the introduction of LG Pay mobile payments due to issues testing the service in South Korea, according to Android Headlines... More
LG is expected to launch its LG Pay mobile payment service in September, according to ETNews... More
LG is to postpone the launch of its LG Pay mobile payments service to the second quarter of this year, the company has told Korea Times... More
LG has developed an electronic ‘LG Pay White Card’ that will let users register multiple credit cards onto a single piece of plastic for in-store payments and ATM withdrawals... More
LG has confirmed it is planning to launch its own mobile payments service as early as next month... More