Now mPay follows mChek

mPay - Mobile Credit Card for Reliance Mobile Users
Reliance Communications and HDFC Bank have come together to offer India’s first virtual credit card to Reliance users possessing HDFC Bank credit cards. The Reliance mPay credit card allows users to make postpaid bill payments, get pre-paid top-up, and pay Reliance Energy monthly electricity bills. Users can also book movie tickets, travel tickets, make payments at shops and restaurants, and shop on the Internet.
To make payments, customers need to use the PIN issued for using the virtual credit card. All transactions are initiated using the registered mobile number to which the mPay service has been issued. The mPay credit card can be used with HDFC Bank at any merchant establishment that accepts payment via Reliance mPay.
Users don’t need to enter a crecit card number or card verification value (CVV) or expiry date to use the mPay service. HDFC Bank would authenticate all the information with RCom, which would then be used to initiate and authorize all payments using customers’ mobile handsets.
http://www.m-pay.com/

India's mChek Wins GSMA Award

mChek, an Indian company focused on mobile security and payments services, has announced that its mChek on Airtel postpaid bill payment service has won the GSMA Global Mobile Award 2008 for Best Billing and Customer Care Solution with Airtel at the 13 th Annual GSM Association Global Mobile Awards 2008 at Barcelona.
mChek on Airtel was chosen as the winner by a global panel of eminent jurors from leading market research and consultancy firms, including Accenture, Forrester Research, the Yankee Group and Ovum which said " For all those who thought mobile commerce was a pipe dream, mChek on Airtel, has just shown the way to do it. The cashless society is here and it's gone mobile ."
“The GSMA Global Mobile Awards is one of the most prestigious international awards and the fact that mChek has won underscores the uniqueness and innovation in our service.” said Sanjay Swamy, CEO, mChek. “We are delighted by the success and consumer response to the service and look forward to expanding the footprint of mChek services in the coming months.”
The GSM Association (GSMA) is the global trade association representing more than 700 GSM mobile phone operators across 218 countries and territories of the world. In addition, more than 200 manufacturers and suppliers support the Association's initiatives as key partners. The primary goals of the GSMA are to ensure mobile phones and wireless services work globally and are easily accessible, enhancing their value to individual customers and national economies, while creating new business opportunities for operators and their suppliers. The Association's members serve more than 2.5 billion customers - 85% of the world's mobile phone users.
The mChek on Airtel mobile payments service today has more than 60,000 transacting customers with an impressive 90% repeat usage pattern, and has processed more than 100 Million Rupees of mobile payments since its launch in September 2007. mChek has also at present entered into strategic partnerships with VISA, Citi India, ICICI Bank, Corporation Bank and e-commerce merchants like MakeMyTrip, Yatra, Indiatimes, FutureBazaar and SifyMall to enable safe, smart and simple mobile payments. In Sri Lanka, mChek has tied up with Dialog Telekom and NDB Bank enabling secure payments ranging from utility bills/pre-paid top-ups, over-the-counter and remote commerce, and mobile banking.
In the near future, mChek plans to further simplify payment processes for consumers by introducing utility bill payments, movie ticketing and various other innovative services.

The mChek service is currently available to customers on AIRTEL in India and Dialog Telekom in Sri Lanka. http://www.mchek.com/

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