LG G7 May Bring Along LG Pay in the US

Alphabet streamlines its mobile wallet app for improved offering

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.

LG can compete on several fronts; it offers the Wireless Magnetic Communication system, which allows it to work similarly to Samsung Pay's Magnetic Secure Transmission system.

For the unfamiliar, LG Pay is very much like Samsung Pay. You can leave your cards at home and just use your smartphone to pay for things, provided the establishment has one of those credit card devices.

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It has not been smooth sail for both Android Pay and Google Wallet in recent months-the competition from other digital payment providers has been tough. That said, the company will still be fighting an uphill battle considering that the mobile payments space is already a bit crowded with Apple Pay and the recently reformed Google Pay. LG has already released an app with that very same name on the Google Play Store. When it launches in the U.S., it will only be available with the LG G7 and the V40 premium smartphones. LG is reportedly planning to bring its mobile payment system sometime during the first half of this year and may even launch under a new name called LG Wallet.

LG Pay has had a long and storied history around here, going back to 2016 and even beyond.

The article doesn't mention Canadian availability, so for the time being the most interesting component of the report, from a Canadian perspective, is a sentence that comes towards the end. Not only does it have to compete with Samsung in South Korea, but its market penetration in the United States is meager compared to Samsung and Google. The site also said that LG plans to further expand the availability of LG Pay to its mid-range smartphones in the USA for 2019.

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