Latest News
LINE Corporation
Source Name: LINE Corporation

LINE Releases Mobile Payment Service, LINE Pay

Dec 17, 2014   13:23 IST 
New Delhi, Delhi, India

~ Make payments easily through LINE anytime, anywhere, straight from your smartphone

~ More services and merchants to use LINE Pay in the future

 

LINE, the world’s leading life platform with 170 million monthly active users globally, has announced the global release of LINE Pay, the mobile money transfer and purchasing service, as a new feature included in 4.8 version update.

 

By capitalizing on the global user base and LINE’s platform, which is used in variety scenes throughout users’ daily lives, the release of LINE Pay will provide a mean through which users can make secure and convenient payments anytime, anywhere, straight through their smartphone.

 

Regardless of the types of mobile carrier or OS, the users can make payments for affiliated services or at affiliated shops in an easy and convenient way. At the first stage of its release, LINE Pay will only support payments on LINE Store. To start using the service, users can register their credit card and purchase variety of paid contents such as LINE stickers for both LINE and LINE family apps through LINE Store. (https://store.line.me).

 

To celebrate the release of LINE Pay, all charges on the LINE Store made through LINE Pay payment will receive up to 25% bonus to their balance for a limited time.The service aims to expand its options and increase the convenience offered to users by holding a variety of promotions and upgrading its service. In the future, more offline shops and additional features, such as the money transfer between LINE users, will be included.

 

About Security:

In order to use LINE Pay, a separate and exclusive password is required that differs from the password used for LINE. Also, when using payment and other money-transferring features, logging into LINE Pay on a new device, or if the user has changed their device for some other reason, the user must enter their LINE Pay-exclusive password, preventing the LINE Pay features from being used even if a LINE account is logged in to by a third party. In order to maximize its strengths as a mobile service, users will be required to verify their LINE account on their smartphones each time even when making payments on the PC site, making it nearly impossible for an unauthorized third party to fraudulently use the service. Apple Touch ID verification is also used (iPhones only) to view the user’s password and also for smartphone verification when using the PC site. LINE also utilizes a monitoring system to detect and report accounts that are suspected of illicit activity and will work to ensure a safe and secure payment service for its users. LINE Pay will comply with the standards of Japan’s financial institutions and the LINE Pay Corporation will manage its service to ensure the financial security of all of its users.

 

LINE Pay Corporation Overview:

Name: LINE Pay Corporation

Established: May 9, 2014

Capital: JPY 150 million

CEO: Jun Masuda (CSMO, LINE Corporation)

 

Main businesses: E-money and other electronic currencies and issuance of pre-payment methods, management and sales, provision of electronic payment systems and movement of capital.

 

Useful Links:

LINE Homepage

PC: http://line.naver.jp/en

Mobile: http://line.naver.jp/app/en

For LINE Partner:

http://line.naver.jp/partner/pc/index/en

LINE Facebook Page:

https://www.facebook.com/line.india

LINE Blog:

http://en.lineblog.naver.jp/

LINE Official YouTube:

www.youtube.com/lineappglobal

 

About LINE:

LINE, the world's leadingmobile platform, offers free text and voice messaging, voice calling and group chat with up to 200 people, integrated with various interactive elements such as Stickers, Timeline and Official Accounts. Since its release in June 2011, the cross-platform mobile messenger has been releasing a series of add-on apps that range from games to an anti-virus app. Today, LINE has become a hot cultural icon with 170 million monthly active users in 230 countries. LINE has also held the coveted No. 1 spot in the 'free apps' category of app stores in 70 regions.

For more information visit: http://line.naver.jp/en/.

 

About LINE PLUS Corporation:

LINE PLUS Corporation, the world's leading mobile platform innovator, is a joint-venture entity between Naver Corporation (former NHN Corporation) and LINE Corporation (former NHN Japan Corporation), newly organized in March 2013. As a global smartphone life platform provider, LINE PLUS services LINE and its family applications to bring together an innovative mobile messaging tool and new communication lifestyle. LINE PLUS Corporation was created to promptly react to the ever-changing mobile messenger market and to strengthen its global business based on the industry expertise of its parent company, which furnishes a wide range of innovative and convenient online services. LINE PLUS Corporation is located in Seoul, Korea.

For more information, please visit http://linepluscorp.com/ (For English, http://linecorp.com/en/)

 

Copyright

© 2014 LINE PLUS Corporation. All rights reserved. LINE PLUS & LINE logos are trademarks and/or registered trademarks of LINE PLUS Corporation in Korea and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

 

For more information please contact:

Aditya Bakshi | Shalini Singh

Aditya.Bakshi@zenogroup.com| shalini.singh@zenogroup.com

+91.852.751.9046 | +91.965.446.3108

Zeno Group India


 
 
For press background on LINE Corporation

click here
 
Social Media Links