Mobile payment for new players? LG Pay
Mobile payment for new players? LG Pay

After Samsung and Apple launched Apple Pay and Samsung Pay in the mobile payment field, LG also plans to join the competition. According to the report of ETNews, LG has prepared a general credit card called LG Pay, which may appear on MWC.


Unlike Samsung and Apple, which use NFC or analog bank card technology to realize mobile payment, LG Pay is not a mobile phone, but a smart card that is basically the same size as an ordinary bank card. ETNews reports that the name of this card is "White Card" (white card, perhaps inspired by LG's white logo?).


In fact, before LG, some smaller companies had similar concepts, such as Coin, Swyp and Plastc had tried the practice of universal bank cards, but compared with companies like LG, it was a bit small. LG's white card is nothing special. It is almost the same as the card launched by Coins. It can It stores all the bank payment information, and can swipe the card or withdraw cash from ATM like traditional bank cards. There is a small screen on it so that users can see the card status and select the bank card they want to use.


Compared with the technology of Samsung or Apple, LG Pay is more realistic. For businesses, the cost of replacing equipment is lower, which is considered a transitional solution; Users can also adapt quickly, just take a bunch of cards when they go out, and become a real "one card goes global". But I don't know if everyone's eyes are not very good. Some people said that when they saw the upper right corner, they thought it was LG Gay


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