Signals Fintech

BeamPay - Advancing Financial Access & Inclusion in Emerging Markets

[San Francisco, California]—BeamPay, a groundbreaking plug-and-play digital financial ecosystem, is set to transform financial services in emerging markets. Recognizing the massive, unmet opportunity in regions with underdeveloped banking infrastructure and limited access to advanced financial technology, BeamPay is dedicated to bridging this gap and fostering financial inclusion for diverse customer segments.

BeamPay offers digital financial services, including peer-to-peer (P2P) and mobile point of sale (mPOS) payment solutions. These innovative services are designed to empower banks, merchants, and third-party fintechs, enabling them to cater to a broader range of customers and overcome the challenges of compliance in different countries.

Peer-to-Peer (P2P) Platform:

- Facilitates P2P proximity and beam-to-pay POS payments.
- Extends services to banks, merchants, and third-party fintechs.
- Enables domestic A2A bank transfers.
- Provides access to one or multiple bank accounts.
- Supports offline payments and bankless capabilities.

Mobile Point of Sale (mPOS) Solutions:

- Offers direct-to-merchant services.
- Allows cashless payments using smartphones or tablets.
- Includes offline payment services.
- Supports multiple currencies.

BeamPay is the inaugural product of Beame Technologies, Inc., specifically crafted to meet the needs of cash-reliant emerging markets. By providing robust P2P mobile payment solutions, BeamPay is paving the way for financial inclusion and economic growth in these regions.

The startup places a high priority on consumer safety, incorporating an integrated authentication process with multiple, mutually reinforcing layers of protection. This ensures data safety and minimizes security risks, providing users with peace of mind when utilizing BeamPay's services.

BeamPay's innovative solutions are backed by a team with extensive experience from industry leaders such as Bank of America, LexisNexis, and MasterCard. The advisory board includes professionals from USAID and Google, bringing a wealth of knowledge and expertise to the table.

BeamPay’s CEO and Founder is Shun Dorsey. Driven by a passion for social impact, Shun has a proven track record in enterprise sales, marketing, and social impact initiatives at Adobe’s Marketo. He also spearheaded community projects and partnerships as the director at United Way of Greater Atlanta. As the founder and executive director of WizKidz Science and Technology Centers nonprofit, Shun dedicated over nine years to empowering youth through STEM education.

“BeamPay is more than just a financial solution; it's a movement towards financial empowerment and inclusion,” says Dorsey. “Our mission is to provide accessible and secure financial services to underserved markets, unlocking opportunities for growth and prosperity.”




About BeamPay

BeamPay, a product of Beame Technologies, Inc., is a plug-and-play digital financial ecosystem designed to empower financial inclusion in emerging markets. With a robust P2P platform and mPOS solutions, BeamPay provides secure, accessible financial services to banks, merchants, and fintechs, driving economic growth and bridging the gap in underdeveloped banking infrastructure.

For more information, please contact:

Shun Dorsey - LinkedIn

 

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