NEWS & ADVICE : CREDIT CARDS
mCheck Mobile Payment System for ICICI cardholders
By Ankit Sharma
May 28, 2009
Print    Email    RSS   

In a customer-oriented move, India's second largest bank, ICICI Bank announced a technical tie-up with the Bangalore based mChek, to provide mobile payment services to its debit and credit cardholders.

Sachin Khandelwal, senior general manager, ICICI Bank, said, "Our association with mChek will offer our credit and debit card customers yet another secure and safe option of conducting hassle free transactions online".

Under the service, the customers would be issued encrypted electronic cards for storing these in their mobile phones. These mChek VISA Credit/Debit cards can be used for various performing card-based transactions like buying air travel tickets, utilities pay payments, prepaid mobile recharges, pay insurance premium, money transfers, book movie or other merchant transactions done using debit or credit cards.

Sanjay Swamy, CEO, mChek said, "We are pleased to launch with ICICI Bank, this association hugely expands the transaction environment for both ICICI Bank and mChek. ICICI Bank customers now have the convenience of doing transactions from their mobile phones anywhere, anytime and with banking grade security."

mChek is a secured mobile payment technology that enables mobiles users to access credit cards on their mobiles. The technology is PCI DSS 1.2 and ISO 27001 certified and has been approved for adoption by the leading international electronic payment network, Visa International for its merchants. It was awarded the "Best Billing and Customer Care Solution" by GSM Association at 2008 Mobile World Congress.

The mchek service can be activated on mobile phones simply by sending an SMS MCHEK to 5676709.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Some New Ways to Save on Your Car...
Make more out of your credit card with...
Privileged banking: make the customer feel...
Utilise credit card reward points
Tips to reduce Auto Insurance Premium


due balanace of my sbi card N0.4317 5750 3688 5151
I want my sbi card statement from march 2013 to...
Is it possible to reverse the annual fee of SBI...
Check my balance my card no is 5048 1070115018927602
Harlal Ranarayan meena
i am sakthivel coimbatore i want to clear cibil...

NEWS THIS WEEK
Drop down in credit card space –HDFC bank Apr 9, 2014
Few more interest free days to pay credit card dues Apr 8, 2014
Increase in credit card base Apr 4, 2014
SBI asked its employee to use the own bank ATM. Apr 1, 2014
Kisan Credit card for the agrarian customers of Axis bank Mar 28, 2014
News Archive