mChek partners with AcCells for contactless payments solution

mChek, a provider of mobile payments in India and Sri Lanka, has partnered with AcCells, a developer of contactless technology for the mobile phone industry, to introduce the new solution that combines service initiation by AcCells mID and transaction authorization with the mChek SIM Toolkit. According to the official statement the solution works with all existing mobile phones, does not require any change to infrastructure and platforms of Mobile Network Operators and/or Banking Infrastructure, and works in MNO-led or Bank-led environments.

AcCells' mID can recognize any mobile device using only near field GSM signaling and, when connected with authentication and billing servers, allows users to make mobile payments directly and securely from their handset. The mChek platform enables banking-grade security through a SIM Toolkit application, enabling banks to issue Visa Debit, Credit or Prepaid cards for secure remote payments – the service is widely deployed in India by Bharti Airtel and in Sri Lanka by Dialog Telekom.

“We are pleased to work with AcCells and extend the reach of mChek to Contactless Over-The-Counter payments without any change to the widely deployed mChek service”, said Sanjay Swamy, CEO of mChek. “Banks, MNO’s, retailers and consumers can now benefit from contactless payments with a minimum of investment”.