SK C&C Provides Mobile Payment Technology for Google

SK C&C Co. provided technology for Google Inc. (GOOG)’s Google Wallet service that allows users to make payments on their mobile devices, the South Korean company said in an e-mailed statement today. The stock gained 3.5 percent to 135,000 won as of 11:22 a.m. on the Korea Exchange. The benchmark Kospi index dropped 1.1 percent.

To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net

To contact the editor responsible for this story: Shinhye Kang at skang24@bloomberg.net

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