The ultimate in freedom and flexibility, Margento Phone2Phone enables various mobile transactions to be performed anywhere & anytime by only using two mobile phones. From payments and remittance to prepaid accounts top-up and electronic vouchers validation – on the street, in the bush or across continents.
Mobile phone is the most widely spread electronic device, reaching over 60% of human population. This gives you and Margento the opportunity to instantly reach out to more than 4.1 billion mobile phone subscribers worldwide and enable them to use nothing but their mobile phones to make everyday financial transactions.
Margento Phone2Phone is easy to use and accessible to everybody. With its low startup and operation costs it is suitable for every environment, including underdeveloped countries and unbanked population.
For Margento Phone2Phone to work one of the phones must be registered with acquirer and serves as Margento POS terminal. The registered merchant initiates the Phone2Phone transaction via mobile application, SMS, USSD or IVR, while the customers perform the transactions with a simple free call from their phone. To finish the transaction, the two phones must be joined for a short identification process.
Margento Phone2Phone is used for:
- Prepaid recharge
- Redeeming Mobile Coupons
- Redeeming Mobile Gifts
- Huge user base – works with every phone
- Flexible & versatile
- Low startup costs
- Low operations cost
- Suitable for underdeveloped regions
- Attractive for unbanked population
- Anywhere with mobile phone signal coverage