LG has released LG Pay, it contactless payment technology, in the United States, to take on rivals like Google Pay and more but it’s got real limitations…
South Korean multinational conglomerate LG has released LG Pay in the US for the first time. Like its competitors, Google Pay and Samsung Pay, it works by giving consumers the power to make payments with their phones at supported credit card terminals.
LG Pay goes Live in the United States on the LG G8 ThinQ Phone
It’s another step in the ongoing quest to make life a bit easier for consumers. But, it’s only supported on one device — the LG G8 ThinQ. (It’s also coming to the LG V50 ThinQ 5G, LG V40 ThinQ, LG G7 ThinQ, and LG V35 ThinQ over the next several months.)
LG Pay does differ from the most popular tap-to-pay app, Google Pay. For instance, LG Pay supports wireless magnetic communications or WMC, allowing it to function even if there’s no NFC chip support on a credit card terminal.
Additionally, LG Pay works with Swych, an app that allows people to buy, gift, swap, regift, or upload gift cards from more than 600 brands.