Breaking News: LG is Gearing Up To Launch LG Pay

There is some newly surfaced information about the expected launch of LG pay. After the launch of Apple Pay, other handset players have been building their mobile payments strategy but Samsung was the first one to follow suit by launching Samsung Pay in September. LG Electronics' mobile payment system can be used across all LG smartphones, unlike Samsung Pay which is available only in the recent Samsung smartphone models, South Korean wire service Yonhap reported on Thursday, without citing a specific source.

LG Electronics said on Thursday (11/19) that it had signed an agreement to develop its own mobile payment service called LG Pay. LG, which ...

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