We strive to build Margento into a strong brand, a synonym for unique mobile transaction solutions, which will stay in the forefront of technology innovation to enable better mobile transaction programs for our partners and innovative services for consumers.
Margento DNAM stands for mobile.
Argentum is Latin for silver, the same silver that made the coins shine.
So, Margento is the closest you can be to the mobile money.
What is now globally recognized as Margento, was first known on some markets as M-Pay. But since mobile payment became only one of the wide range of financial and transactional services that goes from loyalty programs to data management (while at the same time business is expanding to global scale), more original name was introduced and intelectually protected.
If it sounds Latin, it’s not by chance. The Mediteranean Sea was the cradle of first financial transactions - from the Greeks and the Phoenicians to the Roman Empire. Their version of bankers were called argentarii.
Argentarii operated at the banks known as tabernae argentariae which were set up in the forum. The chief occupation of the argentarii was to exchange coins. Permutatio was the exchange of foreign coins for Roman ones, and was one of the responsibilities of the argentarii. They also kept sums of money for other people. Argentarii might be custodians of money in order to pay interest on behalf of those who entrusted them with the money. While in their custody, the argentarii would use the capital for their own profitable purposes. Argentarii could also act as agents, as at public auctions. They also tested the value of coins. During the imperial period, the argentarii were responsible for the circulation of newly-minted coins.
(source: Argentarii - A Dictionary of Greek and Roman Antiquities, John Murray, London, 1875)
So if the ancient culture of first money transactions was born long time ago around this warm sea, why not participating in the creation of the new culture of our time
Margento is the global brand for mobile transactions.