OnePlus Pay is in the works, coming next year
At an event in India, OnePlus not only talked about the new 7T, but also OnePlus Pay, which is supposed to compete with Google Pay.
We weren't given a lot of information. We don't know which banks are involved, we haven't heard anything about how it works, and we weren't even given a release. Whereby it was said that the service will be launched next year and that “you won't need a wallet after that”. When it comes to technology, OnePlus will probably use NFC.
Probably the biggest hurdle for OnePlus will be the cooperation with the banks. It often takes months for several institutes to be involved in something like this. Let's wait and see, we will probably not hear from OnePlus Pay until the launch of the OnePlus 8. Street: Pocket-lint