LG Shuts Down its LG Pay Payment Service

See Also: RIP LG: The Company Officially Closes its Smartphone Business There’s no exact date for LG Pay’s shutdown, but those using LG Pay can always switch to Google Pay on their LG handsets. However, the magnetic stripe feature that LG Phones supported on LG Pay would no longer be supported on Google Pay. LG Said, LG first launched its own payment service back in 2017 to rival Google and Samsung’s payment apps. In 2018, the service trickled down to newer mid-range devices and it was not until the summer of 2019 that the payment service would launch in the United States with support for magnetic stripe terminals. Source: GSMArena Check Also: LG Rollable Phone Rainbow will be sold to employees as LG quits Smartphone Industry