"mChek India Payment Systems Pvt. Limited has won international acclaim and won a global award at the GSM Associations annual awards 2008 in Barcelona. mChek is an ISO 27001 and PCI-DSS 1.1 certified company funded by Draper Fisher Jurvetson, a leading venture capitalist in Silicon Valley. The company has developed several patent-pending applications in the areas of security and banking. mChek’s service have been developed with several years of technology and market research and collaboration with VISA International, and brings the eco-system of telecom operators, banks, merchants and consumers together in a cohesive and win-win manner. The mChek service is currently available to customers on AIRTEL in India and Dialog Telekom in Sri Lanka. 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. "