Online Secure Credit Card Payment Solution

[Arun 795]

DAKC (Dhirubhai Ambani Knowledge City), Navi Mumbai. December 22, 2003

Reliance Infocomm and Citibank today unveiled India's first online mobile credit card payment solution enabling direct payment from Reliance IndiaMobile handsets. The first application to use this payment mode is "RIM-Bill Payment", a service that facilitates Reliance IndiaMobile subscribers to pay their mobile bill at the touch of a mobile phone button from the R World.

The solution works by setting up a secure connection over the air between a Reliance IndiaMobile handset and the mobile payment gateway of Citibank. RIM Bill Payment is a wireless data application under the R World suite of data services available on Reliance IndiaMobile handsets. Using the facility, customers can view billing details and make payment by entering a personal four digit PIN for security and authentication. The service also provides the facility to check details of the last transaction. All Visa, MasterCard and Diners Club credit cards can be used for the transaction.

"With this new feature added to R World service portfolio, RIM customers have the convenience of paying RIM bill anytime, anywhere", said Mahesh Prasad, President, President, Applications Solutions Group, Reliance Infocomm Ltd.

This arguably is one of the most simple and convenient ways of paying bills remotely. Apart from the ease of use, this innovative application provides many benefits to RIM customers -

· Ability to pay anytime anywhere,

· Option to Store Card details through a one-time sign up process or to enter card details at the time of transaction without storage.

· Free credit period of up to 50 days

· Rewards points on credit card as a result of the usage.

· What's more - this service currently comes free of charge to the customer!

Citibank Credit card customers have a special inaugural privilege. All Reliance bill payments made through the R World application with their Citibank credit would earn double the reward points till March 31, 2004.

"The transmission of data in Reliance IndiaMobile network is more secure than conventional channels due to multiple layers of security. CDMA air-interface, through which the data is transmitted, automatically scrambles voice and data, making interception nearly impossible. The second level of protection is provided by 128-bit encryption and secure socket layer (SSL), which ensures data is transmitted from the handsets in encrypted form. The third level of security is provided by the fact that Reliance IndiaMobile handsets are hardwired to communicate only with Reliance Application Platform (RAP), which is secured behind impregnable firewalls and physically located in the highly secure data centers operated by Reliance Infocomm. And lastly, all critical customer data like PIN and credit card number are always stored and transmitted in encrypted formats," Mr. Prasad added.

Sarvesh Sarup, Consumer Bank Head, Citibank India said, " We're proud to pioneer in partnership with Reliance the first Online Mobile Payment Gateway in India for card members. This unlocks the potential for payment and M Commerce applications on the mobile phone, hitherto restricted to the wired Internet world".