LG Pay to launch in the U.S. on the LG G7 during the first half of 2018?
by Alan Friedman / Jan 10, 2018, 4:09 PM
Similar to Samsung Pay, LG Pay will work with NFC and with a magnetic component. While Samsung uses Magnetic Secure Transmission technology (MST), LG uses Wireless Magnetic Communication (WMC) technology. NFC is used with the most technological up-to-date point of sale systems inside retail stores, and the magnetic part of the mobile payment systems can be used on older cash registers; it uses the same technology employed to swipe credit cards. This means, like Samsung Pay, LG Pay will be compatible with every retailer that can swipe a credit card.
In the states, LG is considering calling the feature LG Wallet, and has already released an app by that name on the Google Play Store. Whatever LG decides to name it, the company says that it will first be found on the high-end LG G7 and LG V40 in the U.S., before becoming available on mid-range models.
The U.S. will be only the second country with LG Pay. Compare that with Samsung Pay, which is already offered on 12 devices in 14 countries, and Android Pay, which can be used with any NFC-enabled Android phone in 17 countries.
source: YonhapNews via AndroidAuthority
Posts: 370; Member since: Jun 14, 2010
Does anyone use these smaller proprietary payment methods like Samsung Pay, Huawei Pay and many others? The two main players seem to be Apple Pay and what will soon be Google Pay after Android Pay and Google Wallet get combined into one. So, why would anyone use anything other than what seems like the standard? Especially, when many of the smaller 'Pay's' aren't widely accepted yet? If anyone can help me understand, I'd appreciate the insight.
posted on Jan 10, 2018, 4:32 PM 1
Posts: 30; Member since: May 18, 2014
Yes. I use Samsung Pay and not Google Pay because of the ability to simulate a credit card swipe. While I tried Android Pay or Google Wallet... I forget which was first... when it came out, the fact that it was only usable with kiosks that had NFC led me to not bothering. While there are now more credit cards I can add to Google Pay, the fact that I have to pick and choose where I can use it makes it not worth bothering to me.
posted on Jan 10, 2018, 4:39 PM 0
Posts: 232; Member since: May 25, 2017
Noo Samsung pay was the most popular when it launched the same number of Harvested same users of Applepay in six months, while Apple pay took year Samsung pay operate in any store. even in the regular grocery stores in the neighborhood, Samsung pay is effective because of its support of the technology MST. Which replaces the bank card. And almost free in contrast Apple :)
posted on Jan 10, 2018, 5:06 PM 0
Posts: 306; Member since: Jan 30, 2017
Samsung Pay is a must, I went 2 hrs out to shop leaving my wallet at home and Samsung Pay saved me that day. Can't wait for LG Pay, it's the only reason I'm holding off on LG devices. Really love LG Pay and Ultra wide cam
posted on Jan 11, 2018, 4:36 AM 0
Posts: 1762; Member since: Aug 27, 2009
My next phone is going to be Samsung, just for the Samsung pay feature. A few months back, I went to the store to get some items, and it wasn't until I was walking to the register that I realized I forgot my wallet. That lead me to research phone wallet options, and I liked Samsung's implementation, because it doesn't require the store to have a special credit card machine. Now it won't work at those gas station type card readers where you insert and remove the card, but should work at most other types of locations.
posted on Jan 11, 2018, 8:03 AM 0
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