Long anticipated LG mobile payments solution launches in Korea

LG mobile payments

After having been first mentioned in November 2015, the electronics giant is finally getting started with consumers. The launch of the new LG mobile payments service hasn’t come as much of a surprise to many. The company first revealed its intentions to begin offering a mobile wallet back in November 2015. The initial rollout of the service finally occurred at the end of last week and is available exclusively in South Korea. The LG Pay service is available exclusively to Korean users of the LG flagship smartphone, the G6. Users…

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LG has scrapped its mobile payments launch at the MWC

LG mobile payments

The consumer electronics giant has backed out of launching its LG Pay service, this week. LG Electronics had intended to wow attendees of the Mobile World Congress, this week, by launching its new mobile payments service called LG Pay but, at the last moment, it decided not to unveil the wallet app, after all. The company claims that it decided not to use the MWC to launch its mobile wallet as it had a greater priority. Since LG also intended to use the MWC to place the spotlight on its…

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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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