According to a new report from LG’s home market of South Korea, LG is developing its own mobile payment platform to compete against rival offerings from Samsung, Google, and Apple.

It was recently discovered that LG has applied to register the G Pay trademark in both South Korea and the US. While registering a trademark doesn’t always lead to a product launch, this info does to suggest that LG’s upcoming mobile payment platform will eventually land in the United States, although nothing can be confirmed at this pint.

The report says that, starting earlier this year, LG has been studying rival offerings while also “sharing information” with credit/debit card companies.

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