LG Uplus Launches 'U+ Payment Safe Internet' for Small Business Owners

[Asia Economy Reporter Koo Chae-eun] LG Uplus is launching the ‘U+ Payment Safe Internet’ service, which automatically switches to wireless internet in case of wired internet failure, enabling uninterrupted payment environments in small business stores.

According to LG Uplus on the 2nd, the commonly used backup products for small business card payment terminals so far often used telephone lines or separate wireless payment devices. Telephone line-based card payments took more than 5 seconds for approval, increasing customer service time and incurring additional charges per transaction. Since it did not switch automatically during failures, store owners had to recognize the failure and take direct action, which was inconvenient.

However, the newly launched U+ Payment Safe Internet automatically checks the internet connection status through an LTE router connected to the wired internet. If there is no response from the wired internet, it detects a failure and automatically connects to LTE wireless communication. Once the wired internet connection is restored, it switches the communication method back to normal, allowing customers to use the payment device as usual without any separate action during failure situations.

In particular, high-quality LTE communication enables payment approval within 1 second, equivalent to wired internet. Membership points accumulation and sales management integration also work normally, so there is no delay or inconvenience in customer service due to failure situations.

The affordable price of U+ Payment Safe Internet for small business owners is also a major feature. U+ Internet customers can subscribe to Payment Safe Internet by paying only 2,200 KRW per month (including VAT, based on a 3-year contract), which is a 60% discount until the end of the year. There is no separate device rental fee for using the LTE router. Data linked with card payment companies can be used unlimitedly without additional charges.

Kim Ji-hoon, Executive Director in charge of Wired Business at LG Uplus, said, “U+ Payment Safe Internet was planned to help solve the inconveniences occurring in the most important ‘payment’ process for small business customers,” adding, “We raised convenience while keeping the price reasonably low so that small business customers can use it without burden.”

This content was produced with the assistance of AI translation services.