LG Pay goes live in Korea

LG has announced the launch of its LG Pay mobile payments service in Korea, allowing consumers with the LG G6 smartphone to make mobile payments using the service’s Wireless Magnetic Communication (WMC) technology. LG Pay will be available for cards issued by Shinhan Bank, KB Kookmin Card, BC Card and Lotte Card at launch and will be expanded to “all card companies in Korea by September,” LG says. “Users of LG G6 already equipped with the LG Pay hardware can use LG Pay right through the sequential software update,” the company says. “LG Pay can register up to 10 credit cards and check cards that you use frequently.