LG Electronics to develop own mobile payment system

LG Pay will be the mobile payment solution from LG Electronics to take on the likes of Apple Pay and Samsung Pay (Source: Reuters)
LG Electronics Inc said on Thursday it signed an agreement to develop its own mobile payment service called LG Pay.
LG, which signed the agreement with South Korea’s largest and second-largest credit card firms Shinhan Card Co Ltd and KB Kookmin Card Co Ltd, did not give a timetable or description of its planned technology. Share This ArticleRelated ArticleSam