mChek (www.mchek.com) announced on Tuesday the commercial availability of mChek/Payment, its patent pending, inter-operable, on-demand, secure mobile payments 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 or content  owners, banks and telecom operators.

“mChek/Payment is designed to be compatible with existing banking industry processes for issuance, transactions and settlement of credit/debit cards,” said Sanjay Swamy, CEO, mChek.

mChek/Payment on-demand platform is available in two options. Firstly  as a service, where consumers  link their mobile phone with credit cards, and secondly as a Java or SIM-card client-based service that allows credit/debit cards to be used via mobiles, with remote or over-the-counter merchants.