ICICI Bank observes to facilitate mChek services to customers

ICICI Bank today announced an association with mChek, a leading mobile service provider, to facilitate mChek services to all ICICI debit and credit card customers. The company issued electronic cards to the mChek application on the customer's mobile phone. Visa International, a leading international electronic payment network, had earlier approved mChek as a platform which could issue an electronic mChek Visa card to deliver the convenience of mobile transaction with added security. The mChek Visa credit or debit card can be used by the customers to perform various transactions like bill payments (postpaid and other utilities), recharge, money transfers, pay insurance premiums, buy air tickets, movie tickets or perform any other merchant transactions using their ICICI bank debit or credit card. The release said that the card data was stored in a fully encrypted form on the phone, which ensures full security and reduced risk of fraud for card based transactions.