![]() Dialog & NDB Bank introduce mChek for mobile paymentsPublished on Thu, Aug 16, 2007 at 16:14 | Source : Moneycontrol.com Updated at Thu, Aug 16, 2007 at 17:18
mChek ( www.mchek.com ) , an ISO 27001 company, today announced that its patent-pending, on-demand mobile payments solution, mChek/Payments, has been commercially introduced in Sri Lanka by Dialog Telekom , the leading telecom operator, in partnership with NDB Bank , one of the largest private sector commercial banks in Sri Lanka. This is the first commercial launch of a Card Present mobile payment platform in the world. The mChek/Payments platform is immediately available to all customers of Dialog and NDB Bank and enables secure payments ranging from utility bills/pre-paid top-ups, over-the-counter and remote commerce, and mobile banking. Merchants, who get the mChek-enabled SIM card, can turn their mobile phones into Point of Sale Terminals and Utility bill payment kiosks. Additional exciting services are being introduced in coming months. "Payment through mobile phones is a major new frontier for the Sri Lankan consumer," said Dr. Hans Wijayasuriya, Chief Executive of Dialog Telekom. "Dialog is strongly committed to deploying wireless technologies towards empowering Sri Lankan citizens. Mobile Payments facilitated via mChek's SIM card resident solution, will add a new dimension to this philosophy of inclusive technology applications - making banking and electronic payment services available and immediately accessible to millions of people." "NDB Bank is committed to bringing secure banking and payments to merchants and consumers across all segments - urban or rural, banked or un-banked, and the mobile phone allows us to do this in a cost effective manner." said Nihal Welikala, CEO of NDB Bank. "mChek/Payments has been developed to the exacting standards of the banking industry and helps banks take the next step from plastic to mobile in a seamless manner, consistent with our existing systems, business processes and business model." " Sourced From: 20 : 20 Media Pvt Ltd
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