ArgoPay, in Private Beta, helping merchants say no to middlemen and yes to virtual card

In a regular credit card transaction, middlemen takes away 2% to 5 % from every transaction. ArgoPay, a startup claims to have developed a system to forego the need for these middlemen by acting as a virtual wallet and a mobile payment network.

ArgoPay claims to be a 'credit card' that is completely virtual while creating a mobile payment network. The company says it eliminates all of the credit card processing fees ...

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