LG throws its hat into the crowded mobile payment game

You might not be terribly excited about mobile payments, but there's a reason why there are so many out there, including Apple Pay, Android Pay and, yep, Samsung Pay. All of those companies get a cut of every user purchase, which can add up to a lot of much-needed extra revenue. So it's not terribly surprising that LG has launched a mobile payment system of its own called (wait for it) LG Pay. The company didn't provide a lot of details, other than saying it will only be available in Korea for now. However, LG promised TechCrunch it would reveal more in the "coming weeks," so it may have plans to launch the service in other markets later on.