SK C&C, Vodafone Agree on Europe Mobile-Payment Service
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SK C&C Co., a South Korean technology provider, said it will partner with Vodafone Group Plc to introduce a mobile-phone payment service as the companies seek to tap demand for transactions without physical wallets.
CorFire, the mobile-commerce business of SK C&C’s U.S. unit, will provide the technology under an agreement signed this month, the Seongnam, South Korea-based company said in a statement e-mailed to Bloomberg News. The service will start in the first quarter of next year in Germany and Spain before reaching other countries in Europe, according to the statement.