LG, which held a 15.9% market share of mobile phone shipments to the U.S. in 2018, has launched a mobile wallet in the country. The LG Pay wallet will initially be available only on the high-end G8 ThinQ smartphone. Chase, U.S. Bank, and PNC will support LG Pay. Additional card issuers will be announced before year-end. The LG Pay wallet can initiate NFC-based payments at the point of sale when NFC-enabled card readers are in place to accept that communication protocol. Mobile payments can also be initiated at nearly all other POS terminals because the wallet can emulate the information enc...