It allows you to make payments from your cellphone without giving out your credit-card information or following painful websites. I just had to register once and choose an mchek pin, using which I was able to view my latest airtel bill and make payment, all in a matter of about 3 minutes.
You get all the good things that online payment services like PayPal & Google Checkout already offer:
- consolidated summary of your expenditure in your bank-statement
- never have to divulge your credit-card details to third-party
mChek will be expanding to cover bank's payment gateways soon.
mChek has shown the way - the cashless society is here and has gone mobile.