LG U+ to issue UnionPay mobile credit cards in China

News in brief

News in brief

Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month. “The telecoms operator is about to obtain approval from the People’s Bank of China,” Business Korea reports. “The users can use NFC-based mobile credit card payments at five million UnionPay terminals in China.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 12 August 2015, 11:51 • Last updated 12 August 2015, 14:43