ArgoPay
http://www.argopay.com/Credit card network reinvented for mobile
In a credit card transaction, at least 7 middlemen get between a merchant and their money, each slicing off a little bit. This outdated system costs merchants 2-5 % of transaction volume. We are disrupting the payment system, eliminating all of these intermediaries when you use ArgoCredit, a virtual credit card issued when you download the ArgoPay app. So merchants get 0% processing fee without the need for any additional hardware and consumers earn local rewards and get exclusive local deals.
Member count: 1-10
Total raised: $500K
Mentions in press and media 1
| Date | Title | Description | Category | Author | Source |
| 17.10.2013 | Yet anothe... | SANTA CLARA, Calif. — At DEM... | - | J. O'Dell | venturebea... |