Airtel today announced the launch of a whole range of M-Commerce solutions such as Mobile Money Transfer (MMT), Postpaid Bill Payment and Prepaid Recharge on the mobile phone. It is partnering with ICICI bank, HDFC bank, SBI, Corporation bank and VISA to enable these payments.

The solution has been developed by mChek, a leading provider of mobile security and payment solutions. This is the first time in India that Mobile Money transfer will be available. The benefit will be felt by millions of Airtel customers. Customers can get started by simply sending a text message “Airtel” to 543219.

The solution is totally secure and has been certified by PCIDSS (Payment Card Industry Data Security Standards), a stringent globally accepted security standard. In the pilot this has been amply demonstrated by customers having experienced a totally safe, secure and convenient service.

Highlights

- Customers with a credit/debit card can now transfer money, pay bills, recharge their phones, buy movie, air and rail tickets instantly on the mobile.

- All transactions are completely secure as it is compliant with global security standards
- 67,000 customers already availing of and satisfied with this service in an extensive national pilot.

Solutions being offered:

Mobile Money Transfer: Customers who have a VISA credit or debit card issued ICICI, HDFC, or Corporation bank can now send money to their family and friends provided they have a VISA card at the other end. In addition SBI customers will be able to transfer money from one SBI account to another SBI account or to any VISA debit/credit card in the country. This service will now be launched on March 15.

Postpaid Bill Payment: The service allows an Airtel Postpaid customer to pay their Postpaid bill anytime & from anywhere without having to go to a physical outlet ever again. The service also enables the customer to pay for their friends & family thus providing convenience & control and is available now.

Prepaid Recharge: The service allows any Airtel Prepaid customer to recharge their card without walking into a retail store ever again. The customer gets the choice of all available plans in the market. The service also enables the Airtel Postpaid customer to recharge their friends & family who are on the Prepaid service and is available now.

To avail any of the above applications, all Airtel mobile customers with compatible handsets need to download the application. The download procedure includes verification of the card details of the applicant. The transaction process is extremely secure with a special bank authenticated system. The service eliminates the need for carrying cash for Money Transfer, making Postpaid bill payments and Prepaid recharging. It also does away with the need of a Point of Sale (POS) terminal since the mobile phone serves as a secure POS and a payment mechanism.

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