Race in Mobile Payment Market

LG is planning to launch its mobile payment service by December in a bid to compete in the global mobile payment market that is already dominated by tech majors such Apple Pay, Samsung Pay and Android Pay. The service solution dubbed as LG Pay. Some observers have said it will likely follow Samsung to the US, as well since it has trademarked the product name both at its homeland, South Korea and United States. The company broke the news in its Facebook page.