LG must have solved the problems it encounted during testing in 2016 and is preparing to launch LG Pay in June.
The bank will buy the technology, developed by Merchant Customer Exchange (MCX), to drive the expansion of its smartphone payment application Chase Pay.
South Korean electronics giant is officially launching its mobile payment platform in India, following a successful trial of the platform last month.
The global payments industry is facing a number of trends like growing mobile usage and higher customer expectations that will continue shaping the future of payment processing.
German automotive giant is launching its own ‘on-the-go’ payment solution to let drivers pay for the company’s mobility services using their mobile phones.
The social network giant has got an e-money license from the Central Bank of Ireland, thus allowing its customers in Europe to pay via its Messenger app.
On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.
Mi Pay is launched in collaboration with China UnionPay.
Tim Cook unveiled that the number of monthly active users last month rose more than 450 percent year over year.
Apple Pay’s availability in Switzerland marks the second European launch of the service.
Apple competes with PayPal to offer the best solution for online shoppers.
Samsung Pay follows its main rivals Apple Pay and Android Pay to leverage the Australian market.