AcCells which specializes in developing contactless technology for mobile industry and leading mobile payment service provider, mChek showcased a paten-pending secure contactless payment solution combining AcCells mID and transaction authorization with mChek SIM toolkit.

The tie-up claims that the new solution will offer a new level of user experience, transaction cost and efficiency. Furthermore the solution is equipped to work in all the available handsets in market and do not require any change to infrastructure and platform of operators as well as banks.

“The partnership with mChek enables us to use AcCells’ core technology to launch a unique payment solution with exceptional design and performance for mobile consumers”, said Eduardo Shoval, CEO of AcCells. “This will allow us to reach the key markets in India and Sri Lanka and to establish a foundation for mobile commerce applications which can benefit mobile handset users worldwide. We are very excited to have this opportunity.”

“We are pleased to work with AcCells and extend the reach of mChek to Contactless Over-The-Counter payments without any change to the widely deployed mChek service”, said Sanjay Swamy, CEO of mChek. “Banks, MNO’s, retailers and consumers can now benefit from contactless payments with a minimum of investment”.