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mChek Banner redefines e-commerce
Bangalore, January 30, 2008
Now shop and pay from banner advertisements on the Internet
mChek, a leading provider of mobile security and payments
services, today announced the introduction of the patent-pending mChek Banner, a unique
solution that enhances banner advertisements on the Internet into payment-enabled links. The
mChek Banner is currently available to all users with pre-paid or post-paid Airtel mobile
Currently, an advertisement banner on the Internet is used to drive traffic to a landing page.
For commerce, all efforts are made on the landing page to move the customer through
multiple pages to complete the transaction with the purchase of a product/service. While
advertisers try to optimize advertising banners to deliver on a cost per sales model while the
market has provided banner advertisements with a cost per impression (CPM) and/or cost per
click (CPC) business models.
The mChek Banner addresses these issues and more. With the mChek Banner, a click on the
banner allows the user to enter his mobile number on the banner advertisement, and click on
the Pay Now button. A request is immediately sent to the user’s mobile phone to authorize the
payment and the transaction is completed in a matter of a few seconds. All this is enabled
through a simple line of HTML that dynamically connects to the mChek Banner server. The
mChek Banner server serves up the latest advertisement as determined by the advertiser and
“The mChek Banner breaks down the existing barriers of e-commerce and enables advertisers
to drive commerce transactions on any blog, news portal or other website”, said Sanjay
Swamy, CEO, mChek. “By bridging the divide between content and commerce, the mChek
Banner directly turns marketing budgets of advertisers into revenue generating commerce,
providing better ROI for Internet advertising”.
The mChek Banner is currently available for customers of Airtel for Postpaid Bill Payment – it
can be experienced on www.mchek.com. You could just as well imagine a mChek banner
selling a DVD player on Future Bazaar enabled to collect payment. The mChek Banner for
Airtel Bill Payment can be put on a blog or web page by pasting the following code into any
HTML page on the Internet:
<iframe title="mChek" align="left" style="height:300px; width:500px; zindex:
1; position:absolute; overflow:auto; display:block; background-color:transparent;
allowTransparency="true" valign="top" vspace="0" hspace="0" marginwidth="0" marginheight="0"
name="mchqcontainer" id="mchqcontainer" scroll="no"
An example of a transaction flow is depicted in the picture below:
For more information, visit http://www.mchek.com or write to [email protected] or call +91-80-41795900.