mChek, the innovator in mobile security and payments services has been certified as compliant with the latest Payment Card Industry, Data Security Standard 1.2.

mChek is one of the first payment product globally to be certified as PCI DSS 1.2 compliant. The new version of the PCI DSS was released on the 1st of October, 2008 by the PCI Security Standards Council, an open global forum launched in 2006 and founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc. This latest version released by the PCI Security Standards Council is the culmination of two years of feedback and suggestions from its industry stakeholders and is designed to clarify and ease implementation of the foremost standard for cardholder account security.

Partners Corporation Bank, HDFC Bank, ICICI Bank and mChek to offer public trial of Visa’s remittance service, Visa Money Transfer, via mobile phones

Visa has announced that it is extending its Visa Money Transfer service, which is currently available to Visa cardholders in India from 15 banks through branches, ATMs and the internet, to an initial 500,000 Visa cardholders. Visa is partnering with three of India’s leading banks – Corporation Bank, HDFC Bank and ICICI Bank – and banking technology company mChek to launch this service.