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Digital Identity, Security & Online Fraud

LG to develop mobile payment app with facial recognition

Tuesday 18 April 2017 | 10:31 AM CET

LG Electronics has revealed its plans of launching its own mobile payment system, LG Pay, using facial recognition as method of authentication.

The launch of LG Pay would make the company the first to deliver facial recognition-based payments to the masses.
LG collaborates with facial recognition company Oez, which has implemented security measures to make the facial recognition system more difficult to spoof.

South Korea seems to be the only definite market for LG Pay, and it remains to be seen if the digital payments service will be extended to other international markets.

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