Complementing the strategic efforts on Margento further strengthening its footing in Digital Transaction markets of Tomorrow, we are proud to announce a recent grant of a new patent in India.
Titled Customer Identification and Authentication Procedure for Online Internet Payment Using Mobile Phones, the patent has been granted to Margento for the territory of India, thus expanding the list of countries where the patent has successfully been obtained. These include, amongst others, the territories of Brazil, Russia and the USA.
Margento has exclusive rights to the patented technologies and we are thrilled to include these into our portfolio of IPR. This already includes several patents within the field of Payment Data Exchange and Payment Terminals, all of which are bound to be proven of great value in the near future in our Indian endeavors.