Netherlands company Margento maintains a mobile transaction service based on what it call “Data-over-Voice”

Netherlands company Margento maintains a mobile transaction service based on what it call “Data-over-Voice”, which essentially works the same as the French solution above – your phone transmits data via sound, which is read and decoded by a scanner at the point of sale. It has announced it is entering into a 50-50 joint venture with the services branch of multinational company Bertelsmann, Arvato Services. Margento and Arvato will be using the Data-over-Voice system for loyalty/coupon redemption, payments for products and services, balance top-up, mobile tickets, and electronic gift vouchers.

Via GoMo News

Tags: arvato, data over voice, joint venture, loyalty, margento, mobile, mobile payment, payment, phone, Visa

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