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LG Joins NFC Payment Party With LG Pay (cnet.com)
An anonymous reader shares a report: Apple and Samsung have been fattening their pockets with digital wallets for years, and now LG wants in. The company rolled out LG Pay in South Korea on Friday, it said in a statement. South Korean users of the LG G6 will be the first to be able to use the service. LG Pay allows users to register up to 10 of their frequently used cards, including credit, membership and transportation cards. To make payment with LG Pay, users tap their phone against a credit card terminal and scan their fingerprint.
Nope. The thing that has prevented thieves from stealing my money several times since I've started using it.
A couple of vendors I've used have been "hit" since I started paying exclusively with ApplePay when shopping with them. My one-time-use card number was useless by the time thieves got it. No fraud, no need to get cards reissued. I might actually have a credit card survive until its expiration date without having to get a new one. Probably the first time in a decade if that manages to happen.
Granted, that's ApplePay's one-time function on top of NFC, not purely NFC. Still a BIG improvement over swiping my magstripe all over town for anyone to capture.