How Margento Works
Margento uses voice channel of customer’s mobile phone to transfer transaction data from a point of sale (Margento terminal) to the authorization facility for approval of payments and other transactions. Margento terminal is a passive device thus no need for communication infrastructure at the point of sale.
Margento provides new, inovative and patented technology in the world of mobile payment.
Margento represents first available mobile transaction solutions that do not need active networking equipment such as mobile modem or other communications at point of sale.
Margento uses one common denominator found in every phone – voice. Every phone can be used on day one without software or hardware upgrade or change required.
One simple call does it all – there’s no need for typing short messages, using dedicated complex phone applications, or providing phone number or other personal information to Merchant.