Airtel has announced a range of M-Commerce solutions such as Mobile Money Transfer (MMT), Postpaid Bill Payment and Prepaid Recharge. It is partnering with ICICI Bank, HDFC Bank, SBI, Corporation Bank and VISA to enable these payments. The solution has been developed by mCheck.

Rahul Bhagat, Group Head - Retail Liabilities, Marketing and Direct Banking Channels, HDFC Bank, said, "We see the mobile becoming the convergence instrument, which allows all banking transactions to be done with complete security and that too on the move. This initiative will help usher in a new era of mobile based payments, more particularly Person to Person Fund Transfers.”

Sachin Khandelwal, senior general manager, ICICI Bank said, “We are amongst the first bank to be a part of the "Airtel mChek" Platform and it is our constant endeavour to innovate and offer our customers a convenient, secure mode of doing day to day transactions. The "Airtel mChek" Platform will enable customers to transact through mobile phones and will extend the horizon of banking services to new frontiers.”

As mentioned in the release, all Airtel mobile customers with credit/debit cards with ICICI bank, HDFC bank, SBI, Corporation Bank and VISA, can now pay their Postpaid bills instantly. He can also pay for others and recharge his friends and family all in the matter of a few minutes. Further, Mobile Money transfer will empower an Airtel user to transfer money to their family or friends by a click of a button.

To avail any of the 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.
Sanjay Swamy,CEO, mChek , said ,"mChek on Airtel combines the security of the mChek platform with the ubiquitous availability of the Airtel network and the trusted banking relationships of consumers.”

The solution has been certified by PCIDSS (Payment Card Industry Data Security Standards).