News about Korea Times.
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.
August 6th, 2014
Korean mobile messaging service Kakao is to launch a new payment solution in September, in collaboration with nine credit card firms, that will let its 100 million KakaoTalk customers make payments using only their password. “Through integration of the payment modules to the KakaoTalk network, the company will help users buy goods simply with the KakaoTalk password once they register credit card or account information at the first transaction,” the Korea Times reports.
June 9th, 2011
Korean coffee shop chain Caffé Bene has become the first merchant to introduce an NFC-based coupon system that provides customers with a loyalty ‘stamp’ each time they visit, Korea Times reports. The Olleh Stamp system has been…