mChek launches on Airtel
Bangalore based mobile payment company, mChek has launched a mobile bill payment service for Airtel postpaid users.
Airtel postpaid users across the country can pay their bills via SMS using any valid Visa credit card. mChek plans to add support for Mastercard credit cards shortly. The service is entirely free to the user.
How it works:
Airtel [...]
Mobile payment service mChek launched in Delhi
Airtel post-paid users in Delhi can now pay their mobile phone bill from the mobile itself by using mChek’s newly launched mobile payment service.
mChek is a payment system using mobile phones. Currently any credit card issued by any bank can be used with mChek. mChek transactions will be reflected as any other transaction in [...]
Cellular Bank of India
M for Mobile. M for Money. M for Mobile Money.
This artice in ET may seem to be aggrandizing the scope for mobile payments. But I think the writer Mayur Shetty is on solid ground when seeing possibilities for some sort of convergence between banks and mobile operators. Japan and Slovenia are two countries I [...]
Consumer adoption is the biggest challenge: PayMate
Mobile payments enabler PayMate has brought in Akshay Sharma as AVP - Marketing, PR & Brand Development.
Akshay was Marketing Manager at MTV, where he was instrumental in executing projects such as the Lycra MTV Style Awards, MTV Youth Icon of the Year, Kitni Mast Hai Zindagi (MTV’s first ever TV serial). Prior to MTV, [...]
PayMate launches mobile payment solution with Citibank
PayMate, a mobile payments company spun off by Coruscant Tec, has collaborated with Citibank and Euronet to launch a mobile payment solution for Citibank customers.
Heres how PayMate works:
Citibank customers need to sign up for this service with the bank by simply sending “PayMate” as an SMS to 2484.
The customer will then be called back and [...]
Sherpalo and Kleiner Perkins invest in Paymate
Sherpalo Ventures and Kleiner Perkins Caufield & Byers, two of Silicon Valley’s most reputed venture capital firms, today announced their investment in Paymate, a mobile commerce technology provider.
Paymate is a mobile payment platform that allows users to use their mobile phones to make payments.
The total investment by both the VCs in Paymate is reported to [...]
SifyMall to use NGPay
Shopping portal SifyMall.com has announced that its users will be able to buy products and services over their phones and pay using JiGrahak’s m-commerce/m-payment platform
m-commerce in India
ET story on potential of m-commerce in India.
Reliance Infocomm and Bharti Tele-Ventures are the early movers in the market, which offer m-commerce services such as bill payment and ticket purchases. Reliance’s mobile payment facility offers services such as paying monthly bills, book railway and airline tickets and book movie tickets.
Airtel, ICICI Bank and VISA have [...]
SBI unveils pre-paid cards on mChq platform
State Bank of India jointly with Visa International launched pre-paid cards on the mChq platform, which is a mobile-to-mobile payment option. It will enable students, faculty and staff of IIT and those living in nearby areas to pay for their purchases with their Airtel mobile phones.
Here is how the systems works:
The service will be available [...]
mChq
Airtel, in collaboration with ICICI Bank and VISA has launched mChq in Mumbai and Delhi NCR, which enables Airtel customers and ICICI Bank VISA cardholders to pay for their purchases using Airtel mobile phones.
The transaction process is one where the retailer/merchant sends an SMS mentioning the amount to the customer. The customer enters his/her personalized [...]
VeerChand Bothra
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