You are browsing the archives of mchek.

MPFI (Mobile Payment Forum of India) is an association comprising of banks, telecom operators, service providers, technology companies, regulatory bodies (RBI-Banking Regulator and TRAI-Telecom Operator), academic and Govt. Institutions ( RTBI, IIT, IDRBT, DIT ) as members. MPFI is a non-profit Society with its board comprising of 15 members from spearheading Institutions responsible for enabling [...]

Last month, the Reserve Bank of India (RBI) came up with guidelines for mobile banking. Following the regulator’s move, host of mobile service providers and banks are rushing in to offer mobile banking services.

The first wave of Mobile VAS companies offering regular ringtone and music downloads seems to be over. Venture Capitalists like Canaan Partners, Draper Fisher Juvertson, Helion, Nexus India among others are more interested in innovative product offerings in this space like mobile payment options, advertising, voice-based SMS and satellite video streaming.

Small-ticket payments and remittances from mobile phones will become a reality soon. Keeping in mind the superior reach of mobile phones as a delivery channel, the Reserve Bank of India on Friday released its final operative guidelines for mobile banking. The central bank has decided to keep the limit on the ticket-size for mobile banking [...]

Even at a 3 per cent conversion of every mobile bill payer onto a mCommerce solution, the industry would be worth around Rs 3,000 crore, estimates Mr Sanjay Swamy, CEO, mChek (www.mchek.com). The Bangalore-based company provides patent-pending, mobile-based, security and payment services, enabling users to transact through their mobiles the payment of utility bills and [...]

Mobile technologies, which allow you to make payments through your mobile phone, have made it possible for parents to keep a check on their child’s splurging habits. The pocket money can be put in a mobile stored value card, which acts as your child’s wallet, very much like a pre-paid mobile card.
Atom, Obopay, mChek and [...]

No wonder Sony Ericsson is interested in acquiring India’s Spice Mobiles. Their recently launched gaming phone, Spice X-1, looks like something the Swedish-Japanese handset maker may release in the not-that-distant future as part of its “F” series of mobile gaming friendly handsets.
Back to Spice X-1. It’s clearly a mobile phone designed to appeal to the [...]