LG set to launch its own mobile payments service

mobile payments trends

LG has announced plans to launch LG pay in order to compete in the mobile payments market South Korea’s LG Electronics is joining other technology companies in launching its own mobile payments platform. LG has announced that the new payment system will allow consumers to make purchases with their smartphones, either in physical stores or online. The system is set to be called LG Pay, following a trend that other technologies companies seem to be supporting. LG will be competing with these companies in order to establish a foothold in…

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