lg pay finally arrives in the us with support for magstripe terminals

The long-rumored mobile payment platform has finally arrived in the US. Initially available only on the LG G8 ThinQ, LG Pay will let users pay at NFC payment terminals and like Samsung Pay, LG also supports the magstripe terminals (LG calls it WMC [wireless magnetic communication]) that aren’t quite yet outfitted with NFC terminals. Also like Samsung Pay, magstripe machines that require you to insert a card all the way in before sliding it out are not supported.

At launch LG managed to get a handful of supported banks and credit unions. Chase, PNC Bank, US Bank, Regions Bank, State…

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Link: https://www.gsmdb.com/gsmarena/lg_pay_finally_arrives_in_the_us_with_support_for_magstripe_terminals-news-38167.php