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LG to launch mobile payments service using magnetic communication technology

By Rian Boden • 22 March 2017 • Updated 24 March 2017

LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”. More

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MasterCard to offer interactive payment cards to its issuers around the world

By Rian Boden • 9 December 2014 • Updated 9 December 2014

Interactive payment card developer Dynamics has signed a deal with MasterCard that will see the payments network offering the startup’s technology to its issuers around the world. MasterCard has also participated in Dynamics’ US$70m Series C funding round along with Canada’s CIBC and existing investors. More

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Two news stories.

LG to launch mobile payments service using magnetic communication technology

MasterCard to offer interactive payment cards to its issuers around the world