ICICI Bank issues electronic cards supported by mChek
ICICI Bank has come out with electronic cards for its customers in association with mChek. These cards will be issued to mChek application on customer's mobile phone.
By ET Bureau |
MUMBAI: ICICI Bank on Tuesday has come out with electronic cards for its customers in association with mChek, India���s one of the leading mobile payment solutions provider. These cards will be issued to the mChek application on the customer���s mobile phone.
Visa International, the leading international electronic payment network had earlier approved mChek as a platform to which the issuer can issue an electronic mChek Visa card to deliver the convenience of mobile transaction with added security.
The customer can use the mChek Visa Credit / Debit card to perform various transactions like bill payments (postpaid, other utilities), prepaid recharge, money transfers, pay insurance premiums, buy air tickets, movie tickets or perform any other merchant transactions using their ICICI bank debit card or credit card account.
The card data is stored in a fully encrypted form on the phone which ensures full security and reduced risk of fraud for card based transactions.
Visa International, the leading international electronic payment network had earlier approved mChek as a platform to which the issuer can issue an electronic mChek Visa card to deliver the convenience of mobile transaction with added security.
The customer can use the mChek Visa Credit / Debit card to perform various transactions like bill payments (postpaid, other utilities), prepaid recharge, money transfers, pay insurance premiums, buy air tickets, movie tickets or perform any other merchant transactions using their ICICI bank debit card or credit card account.
The card data is stored in a fully encrypted form on the phone which ensures full security and reduced risk of fraud for card based transactions.
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