Major Chinese banks have revealed that Apple's biometrics-backed mobile payment service will launch in the country on Thursday.Tweets by Industrial and Commercial Bank of China announced the launch – Apple had only said it would start operating in “early 2016”.So far, Apple's China website lists 19 Chinese lenders as official Apple Pay partners, and state media reported two other lenders will also go live with the service from 18 February.According to Figures from the China Internet Network Information Center, some 358 million people in China have already used a mobile payment service. Meanwhile, consumers are believed to have spent 9 trillion yuan (about $1.4 trillion) on mobile payments, according to iResearch.Apple Pay will come up against local mCommerce player Alipay, an project by eCommerce leader Alibaba.Last year, Alibaba chairman Jack Ma showcased a facial recognition payment on AliPay.Meanwhile, LG officials have announced that the South Korean tech firm's mobile payment product, LG Pay, will not be launched at Mobile World Congress later this month as planned.This will be withheld in order to not distract media from the launch of its new flagship smartphone, the G5, in Barcelona this Sunday.