Western Union has put together a Mobile Vendor Program, for standardising technical deployments of its money transfer services on mobile. MChek has received Western Union certification, while Bharti Group owned ... Continue_Reading

Sanjay Swamy, CEO of mobile payments company MChek has resigned. Confirming the development to MediaNama, Swamy said that he’d been thinking about it for a while. “The company has a large ... Continue_Reading

The Reserve Bank of India, after attempting to increase the reach of the banking ecosystem by allowing PCOs and grocery shops to offer banking services, has now framed new directions ... Continue_Reading

Mobile banking firm mChek has closed its series-B round of funding, with Nexus India Capital infusing what could be between $5-8 million in it, VCCircle reported. VC firm Draper Fisher ... Continue_Reading

After partnering with mChek for SMS and online payments, Bharti Airtel is now offering m-commerce services on a voice portal 543219. mChek is a mobile and e-commerce provider that has ... Continue_Reading

(by Sanjay Swamy, CEO, mChek) Imagine India as a country where 100% of the population is uniquely identified, has connectivity for telecom services and also has access to structured financial services. ... Continue_Reading

(By Preethi J & Nikhil Pahwa) MChek has tied up with Tata Teleservices to offer payment of mobile bills via SMS to Indicom subscribers. This is the second operator bagged by ... Continue_Reading

Paymate has tied up with IDBI Bank, their 8th bank partnership in India. The company also has a presence in Sri Lanka, and recently powered services for a partner (Paybill) ... Continue_Reading

Bangalore based photo printing portal Picsquare.com has been acquired by online retail firm Infibeam.com. We’d received a tip-off regarding the same a week and a half ago, and though it ... Continue_Reading

Why should mobile transactions be treated any differently from Internet transactions? There isn’t a limit to online transactions that we know about, and a physical presence isn’t needed for opening ... Continue_Reading

“Our business model is sustainable only with a customer base of 20 million to 25 million. We expect to breakeven in three years”, Abhishek Sinha, CEO of Mobile Payments company ... Continue_Reading