POSTER:computer news || LG HAS POSTPONED THE LAUNCH OF THE PAY PAYMENT SYSTEM LG TO 2017
DATE:2016-09-28
More in 2015, LG introduced its own mobile payment system. It was expected that it will begin its work in December 2015, then postponed the launch of LG Pay for this fall. And today it was announced that the launch of its payment service LG again postponed, this time until 2017.
According to our colleagues from NextPowerUp, LG was planning to launch its service of payments with the new smartphone LG V20, whose sales in the South Korean market will begin this Thursday, 29 September. According to knowledgeable sources, LG has faced problems in the development of smart card White Card. In addition, the company has not yet submitted documents for approval and launch of mobile payment services.
Unlike other payment systems, for instance, Samsung Pay or Apple Pay, to work with LG Pay need a special smart card White Card, which stores data for multiple credit and debit bank card. It connects to smartphone via NFC.
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LG HAS POSTPONED THE LAUNCH OF THE PAY PAYMENT SYSTEM LG TO 2017
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