mCheck launch mCheck/Payment platform

mChek/Payment enables consumers to shop with their mobile phones in a convenient and safe manner, either across the counter or with remote merchants by bringing together the ecosystem of merchants/content  owners, banks and telecom operators. mChek also brings significant benefits to the entire eco-system, notably:  For banks, increased adoption of credit or debit cards, lower customer acquisition and operating costs, and increased customer satisfaction. For telecom operators, increased customer retention, customer satisfaction, more efficient revenue collection and new revenue streams through commerce. For merchants, fraud-free transactions and faster access to customers The mChek/Payment on-demand platform is available in two options:  1. A service that enables consumers to easily link their mobile phone with their existing credit card without any software to be installed on their mobile, and subsequently transact on the Internet, call centers or over SMS. 2. A Java or SIM-card client-based service that allows either credit or debit cards to be used via the mobile phone, with remote or over-the-counter merchants.