Following the market leaders Apple and Samsung, LG has now launched its own mobile payment service called the LG Pay.

LG has announced the launch of the LG Pay mobile payment service. The company has partnered with Shinhan Card and KB Kookmin Card to facilitate the service in South Korea. As of now, the company has revealed that it will run trails of the new payment system with the credit card companies before launching the service.

LG has not yet revealed any details about the LG Pay mobile payment service including the technology behind service but assured that it will provide wider accessibility to users. The company, however, did not reveal any tentative roll-out dates for the service in Korea or other markets.