Margento principle

Margento was created with an emphasis on practicality and simplicity with the objective of creating a mobile transaction technology that can be used for multiple useful services in the easiest and most cost effective manner.

Margento’s operations are based on a patented payment terminal using voice to transfer transaction data. The terminal modulates transaction data into voice signals and sends them to the transaction center through the voice connection previously established by the customer with his mobile phone. Thus, customer’s phone serves as a communication device between the terminal and payment center.

• Every phone can be used on day one; NO change or upgrade required – NO special phone needed
• Simple to use (one call does it all)
• Secure
• Usability– it is easy and simple for consumers to make purchases and for merchants to receive payments
• Fast transactions
• Turns every phone into payment and transaction identification device (“Voice ID”), at the same time uses phone’s voice communication to its fullest.
• Covers multi merchant segments (automated, mobile, traditional), from coffee shop to parking, pay at the table, home delivery, taxi, standard stores, supermarkets.
• Ability to enter market segments where today cash dominates –automated & mobile points.
• Real-time authorization (also on vending - person to machine transaction)
• Consistent procedure across all applications
• One device to access multiple payment accounts
• Multiple services using single mobile device; and the same method (one call does it all)
• Additional service does not require additional devices or any changes on devices; one technology for multi solutions and services
• Multiple services across multi points of sale