Let’s talk mobile payments. Most mid-range and high-end smartphones today are boarded with NFC. NFC is the technology that allows for making mobile payments. This was a feature that really became popular in 2015 and 2016, but is now overshadowed by bezel-less designs and fancy digital assistants. Is being able to make mobile payments still an important feature to you?
Last summer, LG introduced a mobile payment service in its homeland of South Korea. The service known as ‘LG Pay,’ has been operating ever since. However, only those who reside in South Korea and own one of very few supported LG smartphones are capable of using their phone to pay at checkout using the service. According to a trusted Korean source, LG Pay will make way to the US in June with the arrival of the company’s next high-end Android [Read More]
It’s time for the poll of the week! Over the course of this week, we heard several stories regarding mobile payments. So what we want to know first of all before we get into detail is do you use your mobile device to make payments?
According to a recent report, LG Electronics is planning to adopt MST (Magnetic Secure Transmission) for the mobile payment system in the LG G6 smartphone, due out in the spring of 2017. LG will retire its current “White Card” method for mobile payments that was in development for over a year.