Fewer that 5% of microfinance borrowers in India own mobile phones, but they can still use mChek mobile payments via the Shared Phone model. In this video the Grameen Koota loan officer coaches a borrower on how to insert her personal SIM card into the Shared Phone device to do transactions. The SIM card at a cost of Rs. 100 (or ) is much more affordable than the Rs. 1500 () entry level phone.

In this interview, Sahin and Asma talk about what additional services they want to use mChek for. Bill payments are a big pain now because of standing long hours in the queue and dealing with haggling auto drivers and other people in line. They would see a huge benefit in paying bills from home via mChek on the mobile phone.

We have an exclusive podcast interview with Sanjay Swamy, CEO of mChek, a mobile commerce company in Bangalore.

Grameen Koota microfinance borrowers demonstrating how to make a payment such as a loan repayment or merchant payment right out of your bank account or card using your mobile phone and mChek.

Grameen Koota microfinance borrowers demonstrating how to check your account balance through your mobile phone using mChek.

This is a demo of movie ticketing using the mChek Mobile Ticketing Application

Description: A demo showing the process of using mChek through SMS activity. Duration: 2 days Team size: 1 Sofware used: Adobe Premiere, Photoshop, Flash Nature of work: Editing video and audio

Introduction to the mChek, what mChek’s mobile payments solutions can achieve for extending access to financial services and commerce to the base of the economic pyramid, and how we’re starting to prove that with our Grameen Koota microfinance pilot.