Financial Services

Margento provides financial institutions, such as banks, payment intermediaries, credit card companies and even mega-merchants with the unique opportunity to expand their business by introducing new, simple, secure and convenient mobile transaction solutions to their local or international markets.


Financial institutions around the world recognize the immense potential still to be realized through providing mobile transactions based services, from mobile payments and remittance to mobile ticketing and electronic voucher solutions.

Margento enables financial institutions to fully leverage their roles in the world of mobile finance today and in the future, whether they operate in Issuer-, Acquirer- or Payment Service Provider domain, introducing mobile transactions solutions to traditional and to whole new markets of automated and mobile points of sale.

Margento Platform is a comprehensive mobile transaction solutions platform built to be deployed in many different ways to support various business cases and to realize a number of market opportunities. The single platform approach allows Margento to effortlessly deliver multiple services through one trusted device – mobile phone. This in turn dramatically lowers cost of operating infrastructure, boosting profitability and enabling operations in the micropayments arena.

Margento System is designed and built in an open way meaning that multiple payment services can be used on the same infrastructure, being open type (like Visa, EC) of payment service or closed-type (like Diners, Amex). Naturally, user can have multiple payment services (instruments) enabled and can use them with the same mobile phone.

Margento transactions can be charged against:

  • Mobile operator phone bill,
  • Stored value account,
  • Any credit or debit card account, or
  • Direct debit bank account.

Margento provides many benefits to financial institutions:

  • New, innovative and trendy services offered to the customers
  • Differentiation: attracting new customers, increase customer retention, decrease churn
  • Eliminating costs of enabling clients: no plastic cards production or distribution costs
  • Improved security & control: decrease in frauds, disputes and charge-backs
  • More transactions and additional revenues: not generating replacement transactions, but creating new ones
    • expansion of acceptance points
    • tapping also into lower value transactions - micropayments
  • Wider merchant base: new merchant segments that would support electronic payments (automated, mobile, internet)
  • New products for merchants: secure and convenient mobile payment and other Margento solutions; assist in selling other banking products – cross sale
  • More active accounts: more funds turn over, increase in customers spending potentials
  • Ability to provide niche products: SVA as internet and mobile payment account, SVA as a student or internal corporate account, etc.
  • Strategical value of having control over new payment infrastructure
  • Competition is cash not plastic; complementary with current “plastic” accounts used
  • Better customer relationship management and customer communication