News stories featuring LG:
April 13th, 2017
LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor. “After negotiations and a series of tests, the software will likely be deployed in the G6 as early as June when the tech giant is expected to start its mobile payment system LG Pay,” the publication reports. LG Pay was unveiled in March 2017, and will make use of Wireless Magnetic Communication (WMC) technology supplied by Dynamics.
March 24th, 2017
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.
March 22nd, 2017
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”.
March 14th, 2017
Luxury watchmaker Tag Heuer has unveiled the second generation of its connected watch range, powered by Google’s Android Wear 2.0 operating system and offering host card emulation (HCE) payments through Android Pay. The Connected Modular…
February 9th, 2017
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. The company delayed the introduction of LG Pay due to issues testing the service in South Korea in September 2016.
February 9th, 2017
Google has officially unveiled Android Wear 2.0, the new version of its operating system for smartwatches, and two new watches from LG — one of which comes with NFC to support HCE mobile payments using…
January 25th, 2017
Google is adding support for host card emulation (HCE) based NFC payments to smartwatches in Android Wear 2.0, the new version of its operating system for smartwatches which is scheduled to be released in early…
January 9th, 2017
Chinese mobile phone giant Huawei is to pre-load Amazon’s Alexa voice assistant on its flagship Mate 9 smartphone, which has now launched in the US, as Amazon bids for a leading role in the emerging…
December 12th, 2016
Customers of Australian bank Westpac can now make mobile payments through Android Pay using their Mastercard debit and credit cards. The service is available for those with select Samsung, Sony, LG, HTC, Motorola, Huawei and Pixel smartphones. Android Pay launched in Australia with support from 27 financial institutions in July 2016. Westpac forms part of the group of Australian banks seeking stronger negotiation powers over the entry of third party mobile wallets in the country.
November 2nd, 2016
LG Innotek has unveiled an all-in-one module that functions as both a front-facing camera as well as an iris scanner which could be built into LG smartphones scheduled to launch next year, Korean publication Digital Times reports. It is not confirmed whether or not the module will be integrated into the company’s forthcoming LG G6 flagship smartphone, expected to be unveiled in spring 2017.
October 27th, 2016
LG Electronics is working on an alternative to Samsung’s proprietary Magnetic Secure Transmission (MST) technology for mobile payments, Android Authority reports. The technology is to be incorporated into LG’s next flagship smartphone, tentatively known as the LG G6. The electronics giant is having to invent its own technology from scratch to avoid patent disputes with Samsung, the report adds. LG was originally expected to launch its LG Pay service in September but is reported to have delayed the launch due to testing issues.
September 27th, 2016
LG has delayed the introduction of LG Pay mobile payments due to issues testing the service in South Korea, according to Android Headlines. It had been expected to launch this month. In January 2016 the company announced it had developed an electronic LG Pay White Card allowing users to register multiple credit cards for in-store payments and ATM withdrawals. LG confirmed plans to introduce its own mobile payment service in November 2015.
September 15th, 2016
Smartphone case manufacturer Case Station has integrated Barclaycard’s bPay contactless payment technology into its new range to allow consumers to make NFC mobile purchases with a tap of their handset at any contactless terminal. “All…
June 1st, 2016
The Samsung Pay Mini online payments app expected to go live in South Korea this month will be compatible with Apple devices as well as Android smartphones, according to ETNews. “Samsung Electronics is planning to provide this application for free and has designed it so that it can be used on all smartphones such as iPhones and LG Electronics’ phones,” the publication reports. News that Samsung is preparing to roll out the Samsung Pay Mini app emerged last week.
May 26th, 2016
LG is expected to launch its LG Pay mobile payment service in September, according to ETNews. “LG Pay is going to be released in September as a form of ‘all-in-one card’ that will become the world’s first mobile payment with IC (integrated circuit) chip,” the publication reports. The company announced it had developed an electronic LG Pay White Card that will let users register multiple credit cards for in-store payments and ATM withdrawals in January 2016 and confirmed its plans to launch the service in November 2015.
February 15th, 2016
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. The delay is “to help the new LG flagship smartphone — G5 — receive more media attention,” LG said. The company’s plans to launch the service were confirmed in November 2015.
January 29th, 2016
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. The device is about the same size as a normal credit card, ETNews reports, and has a small LCD display, buttons to select which virtual card to use and a connector for recharging. The handset maker confirmed in November 2015 that it is working on launching its own mobile payment service.
November 19th, 2015
LG has confirmed it is planning to launch its own mobile payments service as early as next month. The company has signed up Korean card issuers Shinhan Card and KB Kookmin Card as launch partners and is expected to call the service LG Pay. LG sparked rumours of the plan when it filed trademarks for ‘LG G Pay’ and ‘G Pay’ in South Korea in October 2015.
October 15th, 2015
A UK startup raising funds on Kickstarter for a modular smartwatch that includes NFC and contactless payment functionality has amassed pledges totalling more than double its US$250,000 target in just two days.
October 13th, 2015
LG has reportedly filed trademarks for ‘LG G Pay’ and ‘G Pay’ in South Korea, suggesting that the handset maker could be looking at launching its own mobile payment service. “According to IT industry and financial industry, LG Electronics just finished applying for trademark of G Pay in the US at the end of September after it did so in South Korea,” ETNews reports.
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