LG Pay Coming to USA by June

LG Pay Coming to USA by June

LG Pay Coming to USA by June

Apple Pay on the other hand is supported in 25 countries and regions.

What's more interesting is that Android Police even spotted an LG Wallet app in the Play Store a few days ago, but the app has since been removed.

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Citing the company itself, the publication says the company plans to launch the platform in the second half of the 2018. While Samsung uses Magnetic Secure Transmission technology, LG uses Wireless Magnetic Communication.

For the unfamiliar, LG Pay is very much like Samsung Pay. This allows users to touch a smartphone to a credit card device for the final connection, which may give it the same advantage of wide-scale acceptance that gave Samsung Pay something of an edge. After all, it has been available South Korea since last June but has yet to leave the comforts of LG's home country. LG isn't exactly a major brand name in smartphones in the U.S., and so that may ultimately limit its ability to compete. The app didn't actually even work and was quickly removed by LG. Today's report states that LG Pay will be available in the USA sometime during the first half of this year, around the same time that its next flagship model is released.

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A recently published article from Korea's Yonhap News, first spotted by Engadget, reports LG will launch its mobile payments platform, LG Pay, in the USA later this year. According to Yonhap News, LG Pay is finally making its way to the United States. Similar to Samsung Pay, LG Pay will work with NFC and with a magnetic component.

In this report, is specifically states LG Pay will be available in the U.S. for the G7 and V40, even though neither of those names have been publicly mentioned by LG and it was thought LG was seriously considering a rebrand for its G lineup. Not only does it have to compete with Samsung in South Korea, but its market penetration in the U.S. is meager compared to Samsung and Google.

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