In addition to Android Pay, which cannot enter the mainland, after Apple's Apple Pay, Samsung Smart Pay, Huawei Pay and Xiaomi Pay have all been launched in China. However, they have many restrictions, except Samsung Smart Pay, which can support traditional magnetic stripe POS machines, is compatible with almost all card swiping devices It can only be used by a POS machine with a flash bid.

Although it seems to be about to launch the mainland market LG is at any rate an international giant, and has not yet launched its own payment service. On March 22nd, US time“ LG Pay. According to foreign media It is reported that LG will start a service called LG Pay in June this year, and this will be the second mobile payment service that supports traditional magnetic stripe cards. It can also be used in ordinary POS machines, but its implementation principle is different from Samsung Smart Pay's MST technology (the company that invented this technology was acquired by Samsung).

However, this service will only be launched in South Korea for the time being, and has not been promoted to other countries and regions. In addition, there is only one supporting model - the newly released flagship LG G6.

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