LG Pay is shutting down in the US later this year

LG’s cellular division is virtually solely lifeless, and we’re now seeing the remaining dominoes fall. The firm has now introduced the shutdown of its cellular funds service, LG Pay, later this year.

LG confirmed in an e mail to Android Authority that the funds service might be shuttered on November 1, 2021, in the US.

The firm notes that it’s going to quickly “stop accepting new enrolments to LG Pay; stop allowing the addition of new cards to existing accounts (Credit/Debit/Prepaid Card, Gift Card, Loyalty Card); and no longer allow the purchase of new gift cards.” However, customers could proceed to make use of the service with present playing cards till the closing day.

LG Pay US shutdown: What it means for customers

LG Pay is the firm’s wi-fi funds service using NFC and LG’s Wireless Magnetic Communication (WMC) to imitate actual playing cards. The latter allowed for comparable performance to Samsung Pay. While LG customers in the US can nonetheless obtain one other app, like Google Pay, they are going to not have WMC tech at their disposal. This will have an effect on the homeowners of the LG G8x and LG V60.

When LG introduced its departure from the smartphone sector, it confirmed it might proceed to supply security updates to legacy telephones. It appears sustaining apps and providers associated to its smartphone enterprise was not in its scope.

LG Pay recommends customers spend any remaining funds on LG Pay Perks Cards forward of the decommission date. Users must also jot down the particulars of any present playing cards saved on the service.

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