With Paymentwall’s Smart TV payment product, app owners can offer their users with convenient ways to pay, such as credit or debit cards, bank transfers, mobile payments and many more.

“Many Smart TV developers were launching applications on many platforms and were struggling to make money; they had no way to cover the development costs and content licensing fees,” said HyoSeok Choe, Senior Manager of Content Business Development Team at LG Electronics. “We are giving developers and content providers a simple and easy way to monetize their content with many payment solutions provided on the Paymentwall Smart TV platform, and with one integration, they can sell easily anywhere in the world and with many ways for people to complete their app and content purchase transactions.