AI & Enterprise
Lfin completes tagless payment platform project linked to telecom base stations
Lfin, a company specialising in location-based multi-factor authentication technology, said on Wednesday it completed a project with Seoul Metro to build a tagless payment platform linked to telecom base stations from July 2024 to December 2025. The company said it demonstrated hybrid positioning combining base stations and short-range wireless communications and built integrated infrastructure at Seoul Metro sites. It also plans to expand the business into other fields, including location authentication services.