Published: Sat, January 13, 2018
Science | By Hubert Green

LG Pay US launch date confirmed

LG Pay US launch date confirmed

More specifically, LG Pay is said to arrive in the United States by June.

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.

LG confirmed the news, saying that LG Pay will first launch with the company's next flagship smartphone, which is rumored to be announced in March and launch in April.

Samsung Pay provides the same feature through the Magnetic Secure Transmission technology.

For the unfamiliar, LG Pay is very much like Samsung Pay. It eventually dropped that and adopted what it calls Wireless Magnetic Communication, though the source of the technology is still unknown. LG isn't exactly a major brand name in smartphones in the U.S., and so that may ultimately limit its ability to compete. Magnetic Secure Transmission (MST) has been the key to Samsung Pay's adoption in the USA, considering not every retailer accepts NFC payments, like those from Google Pay (aka Android Pay) and Apple Pay. Google's Tez is different from Paytm in that you can't store money in the app.

Samsung released its mobile payment system in 2015 and is now available in 21 countries.

Currently, LG Pay only works on premium devices but this year they will be expanding to the K10 smartphone and their other mid-range devices. LG is expected to rebrand the long-standing "G" line, but until we learn what the new naming convention will be, the G7 will remain the title for LG's next flagship. For the unfamiliar, LG Pay service will enable users to make payments with supported LG devices on normal credit card readers, similar to the MST used by Samsung.

Samsung Pay has one advantage over its biggest competitors, Apple Pay and Google Pay, formerly Android Pay/Google Wallet.

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