Mobile

Line Launching Mobile Payment Service Globally Next Week

Line

Line have announced the global launch of their mobile payment service.

Although Line Pay has been live in Japan since October, the company has announced it will launch globally on 8th December.

Users of Line Pay will be able to register their credit card to the app, to buy items from the Line Store.

They will also be able to buy items in-store from participating retailers.

Japanese users of Line Pay can currently use the service to transfer money and split costs between each other – features Line will look to roll out globally in the future.

The Toyko-based company says they have around 170m worldwide users, and are looking to expand their focus by including more features, and pushing into the US market.

The messaging giant, which launched in 2011, are also releasing Line Taxi – an Uber-style service – and Line Wow for food delivery.

Their revenue, which comes from selling things like games and stickers, reached $169m in the second quarter of 2014, a 146% increase from last year.

Line are also using Apple’s TouchID for added security when using the mobile payment service.

Simon Edmunds

Simon is the former editor of Global Dating Insights. Born in Newcastle, he has an English degree from Queen Mary, London and after working for the NHS, trained as a journalist with the Press Association. Passionate about music, journalism and Newcastle United.

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