As soon as we get some more information on when LG plans to launch their mobile payment system in the USA and Europe, we will let you guys know.
For us in the USA, we are uncertain when LG Pay will launch.
Users of the G6 smartphone, the latest flagship device of LG Electronics, will be allowed to use the LG Pay via software updates.
Unlike its homegrown counterpart Samsung, the Korean behemoth hasn't based LG Pay on Magnetic Security Transmission (MST) technology.
LG's very own payment service, the LG Pay, has finally arrived. While it is limited to these four as of now, LG has also said that they plan to make it available for most banks in the country by September. Users likely won't notice a significant difference in how these two magnetic communication methods work, as both invite you to tap the back of your phone to the magnetic stripe reader on the terminal to wirelessly transmit credit card data. While it will no doubt expand the availability of the service to other markets eventually, it could begin only by early next year.
Another nice day but storms are possible Saturday
While the risk of severe storms is fairly low, we could see a few storms that produce heavy rain, small hail and gusty winds. Saturday and Sunday both have 40% rain chances under mostly cloudy skies, and they both have lows of 71 and highs of 86.
Dow, S&P little changed as job growth slows in May
Eight of the 11 major S&P sectors were higher, with the industrial .SPLRCI and healthcare .SPXHC sectors leading the gainers. Lululemon Athletica jumped 14.9 percent to $55.88 after the athletic apparel maker's quarterly profit beat estimates.
China's manufacturing activity expands for 10th month
Furthermore, Markit noted that new order growth remained strong, whereas the pace of job creations hit its 35-month high in May. Lower staffing levels were partly linked to company down-sizing initiatives, but also the non-replacement of voluntary leavers.