Insurance Premiums Via Mobile Phone

by Warren Jonathan on December 10, 2007

in Business

ICICI Prudential Life Insurance policy holders can now pay their premiums through their mobile phones. ICICI has entered into a partnership with mChek, a Visa certified system, to enable its policyholders make their premium payments through an SMS and by using their credit card. This service though is available to only Airtel mobile service users across the country. Anita Pai, Executive Vice President, ICICI Prudential Life Insurance said, “At ICICI Prudential customer-first is one of our core philosophies, which guides us to introduce innovative, yet simple products and services that meet the customer needs and delight them by increasing their convenience.”

All Visa and Master Card cards are accepted on this service and all transaction applications meet international standards of security and users are secured by their unique mChek PIN. Also, encrypted end-to-end with 3DES encryption ensures banking-grade security from the convenience of the mobile phone.

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