Beem: the Paypal of mobile phone
Wondering if you are in this situation, going to a coffee shop, apparently you forget to bring your wallet and remember it just a minute after receiving your bill. What would you do?
If you are having a phone, Beem account (with money on it), and buy the coffee in partner’s merchant, this problem can be solved easily. Just use your Beem account and transfer your balance to pay for your order. Beem is essentially the Paypal of mobile phone. You can keep and top it up using debit card. Seems like the service currently only available for UK territory.
But of course not all merchants are supported. I don’t think you can buy fish and chip on the street using this. So make sure there is Beem logo (as partner) before using it. Unfortunately, I cannot access Beem site just now, so I can’t tell much more about all Beem’s feature.
Update: Just checking out the site, Beem is only using SMS (text messaging), so you can use any kind of phones to use the service. Also Beem guarantees to PCI (Payment Card Industry) compliant, which is as secure as other banking service. Check its Howto and FAQ page.
November 17th, 2008 at 4:26 pm
telkomsel udah ngelaunch micropayment kaya’ gini,
November 18th, 2008 at 11:32 am
@snydez
Telkomsel Support PayPal?
November 18th, 2008 at 3:24 pm
I think MORE is more similar to this than Paypal, since Paypal is much more complicated and professional.
November 18th, 2008 at 3:41 pm
I’ll be waiting that i can buy something using SMS….in Indonesia
November 18th, 2008 at 5:17 pm
@Kristian
I think so.
November 19th, 2008 at 5:14 am
i think its very insecure to buy stuff by sms, i dont know exactly how it works, but with hackers these days, i dont think its a good option to use sms to pay for stuff.
November 28th, 2008 at 12:17 am
I do believe that’s a screenshot of my phone! I feel like a huge celebrity!
November 28th, 2008 at 6:29 am
@Dom
Congratulations! How is your experience using Beem service? Is it that good?
December 1st, 2008 at 6:27 pm
It’s great platform and one that isn’t just tied to the retail market. Essentially it is a white label technology that has loads of real-life applications.
I’ve used the service both to buy drinks at a bar and share money with my friends and both transactions went very smoothly with a minimum of hassle.
I must say thought that this isn’t going to replace cash or any other financial technologies it just provides another tool for the consumers armoury.
December 1st, 2008 at 11:13 pm
@Dom
Thanks for sharing