Mobile payments using mChek's secure platform can provide social and economic benefits to those at the bottom of the pyramid (BOP) in India by increasing access to financial and livelihood services. It creates new business models that reduce costs and open opportunities for entrepreneurship. MChek plans to partner with microfinance institutions to launch a "cashless economy" pilot that enables transactions like loan payments and bill payments. This builds on mChek's differentiators like its flexibility and ability to expand its addressable market.