LG Electronics is confident in the success of the payment service LG Pay and with the future intend to introduce it in foreign markets. On the company's plans for the publication of Yonhap News, the head of mobile business LG Cho Jun-ho (Cho Jun-ho).

Service LG Pay, launched in South Korea in June 2017, works similarly to Samsung Pay and allows you to pay for purchases using a smartphone, for which you just need to bring the device to the terminal for reading bank cards.

"We have focused on improving the quality of our service and not only plan to increase its convenience, but also want to increase the number of countries where it is used, and expand the possible methods of payment and the range of devices that support LG Pay," said LG Electronics.

To improve the quality of service, LG studies who uses it.

In particular, the company found out that 38.4% of customers are people aged about 30 years. Also in LG noted the rapid growth of a subgroup of older users - 50-60 years. To attract new customers, the company plans to make online payments with the help of LG Pay.

Currently, support for the LG payment service is provided only in the family of flagship G6 smartphones, but from 2018 LG Pay is planned to be extended to budget models. By the same time, the global launch of the service.