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LG Adds Magnetic Stripe Payments to G8

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Jul 16, 2019, 6:51 PM   by Rich Brome   @rbrome

LG's flagship phone — the LG G8 ThinQ — now supports magnetic-stripe payment terminals with the LG Pay app, similar to a key feature of many recent Samsung phones. The feature can emit a magnetic signal when held near magnetic-stripe readers, which emulates a credit card being swiped through the reader. LG has signed up a list of just a few, but major, banks to support the feature, including Chase, PNC Bank, US Bank, and Regions Bank. LG says the feature will roll out to additional LG phones soon.

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