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
Samsung Pay is now available on the Gear S3 smartwatch in Korea and Samsung Pay Mini — the pared-down version of the mobile payment service — has also gone live in the country... More
Android Pay will launch in Korea in May with support from Shinhan Card, Hyundai Card, Lotte Card and Hana Card, according to ETNews... More
PARTNER NEWS: Korean credit card network LotteCard is using digital security giant Gemalto’s Optelio Contactless Stickers to allow its customers to make NFC mobile payments at 35,000 stores throughout South Korea... More
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More
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
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... More
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