GSMArena.com GSMArena.com

Tip us

1.5m
109k
RSS

EV

Merch

Log in

Login

I forgot my password
Sign up
  • Home
  • News
  • Reviews
  • Videos
  • Featured
  • Phone Finder
  • Deals
  • MerchNew
  • Coverage
  • Contact
ADVERTISEMENTS

LG Pay's White Card leaks out, will be required to use the service

  • Post your comment
  • Comments (18)

Vlad 28 January, 2016

LG

We've known since October that LG is working on a payments service of its own, which should launch this year. However, unlike the payment solutions from Apple, Google, or Samsung, LG's entry into this field will not work through smartphones. In an odd twist, LG Pay will require a special "White Card" in order to be used.

This card can be seen in the leaked shot below. Size-wise, it's very similar to a normal credit card, and it isn't much thicker either. It is different, though, as you can see. The White Card will essentially hold information from multiple actual credit cards on it - so in this regard it's not that dissimilar from Apple Pay, Google Pay, or Samsung Pay.



Marked with 1 above is a small built-in display that will show you the card you're currently using. The arrow buttons marked 2 will let you quickly switch between cards, while the pins seen at No.3 in the image will be used for charging the card. That is needed because this is after all an electronic device.

LG apparently thinks older people will be more likely to use its solution rather than go with one of its competitors' smartphone-based options, especially since one can use its White Card at ATMs as well as in stores. The payment service is set to be officially unveiled at MWC next month, and for now it looks like it's only going to launch in the company's native South Korea, at least initially.

LG has already pre-ordered 50,000 of these cards, and it's in active discussions with one provider for mass production of even more. Quite a few financial institutions and retailers from Korea will be involved with LG Pay, it's been revealed. And according to an unnamed representative for one of these partners, by next month most card companies in the country will have joined LG's effort.

Source | Via

Related articles
  • “LG IMS” Bug was causing some LG phones on T-Mobile to go offline “LG IMS” Bug was causing some LG phones on T-Mobile to go offline
  • Flashback: LG V40 ThinQ, the first penta-camera phone, aimed to lift the company's fortunes Flashback: LG V40 ThinQ, the first penta-camera phone, aimed to lift the company's fortunes
  • LG V60 ThinQ is now receiving Android 12 in the US LG V60 ThinQ is now receiving Android 12 in the US
  • Three LG phones will get Android 12 in Q2 2022 Three LG phones will get Android 12 in Q2 2022

Reader comments

D
  • DarkReed
  • 8%x
  • 27 Sep 2016

Was sony who made the first MP3 player (32 MB if I recall correctly)

  • Reply
?
  • Anonymous
  • Mfx
  • 08 Feb 2016

Just a thought, but might the contacts at point 3 on that image also be a device to emulate Chip & Pin chips so this device can work in Europe (and anywhere else that system is used)? They seem to be in the right kind of position. That'd put...

  • Reply
?
  • Anonymous
  • tue
  • 01 Feb 2016

Insert in atm, hacked the machine, get lots of money. Best function ever!

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 18

ADVERTISEMENTS

Phone finder

  • Samsung
  • Apple
  • Huawei
  • Nokia
  • Sony
  • LG
  • HTC
  • Motorola
  • Lenovo
  • Xiaomi
  • Google
  • Honor
  • Oppo
  • Realme
  • OnePlus
  • vivo
  • Meizu
  • BlackBerry
  • Asus
  • Alcatel
  • ZTE
  • Microsoft
  • Vodafone
  • Energizer
  • Cat
  • Sharp
  • Micromax
  • Infinix
  • TCL
  • Ulefone
  • Tecno
  • BLU
  • Blackview
  • Acer
  • Panasonic
  • Plum

All brands Rumor mill

ADVERTISEMENTS

Top 10 by daily interest

  Device Daily hits  
1.Nothing phone (1)37,273
2.Xiaomi Poco F427,041
3.Samsung Galaxy S22 Ultra 5G22,305
4.Samsung Galaxy A53 5G20,018
5.Xiaomi Redmi Note 1117,447
6.Apple iPhone 13 Pro Max16,935
7.Xiaomi Poco X4 GT16,428
8.Samsung Galaxy A1315,388
9.Xiaomi 12S Ultra13,442
10.Apple iPhone XR13,293

ELECTRIC VEHICLES

New software update lets Tesla cars scan the road for potholes New software update lets Tesla cars scan the road for potholes All electric Chrysler 300 is coming in 2026Hyundai Ioniq 5 N spotted testing at Nurburgring
ADVERTISEMENTS

Home News Reviews Compare Coverage Glossary FAQ RSS feed Youtube Facebook Twitter Instagram

© 2000-2022 GSMArena.com Mobile version Android app Tools Contact us Merch store Privacy Terms of use Change Ad Consent Do not sell my data