Mobeam Mobile Wallet Shows Great Potential

Mobile shopping has made great strides in the last year, thanks to technology that allows smartphone users to scan in-app barcodes for food, tickets, merchandise, and more. Shopping is already convenient, but is there an even smarter way to shop? Mobeam thinks so. 

Mobeam, a mobile barcode beaming technology provider for Android, has partnered with Mobiquity Network to deliver a comprehensive mobile wallet solution. Mobiquity Network, a subsidiary of Mobiquity Technologies Inc. is a location-based advertising and app engagement software provider that should prove a useful ally for Mobeam. 

Mobeam will integrate Mobiquity Networks’ ad platform and software into its Beep’nGo app, which will enable the company to deliver highly targeted barcode-scanable offers to smartphone-holding shoppers. These shoppers can redeem target discount and coupon offers at in-store checkouts via scanable barcodes on their phones.

The partnership gives Mobeam the potential to reach 260 million monthly shoppers who already use Mobiquity’s network. Mobeam’s Beep’nGo app will now be able to detect Mobiquity Networks’ beacons, which are currently placed in high-traffic mall areas like food courts, walkways, and corridors.

Creating True Mobile Wallets

George Garrick, Mobeam’s CEO, says integrating Mobiquity Network’s ad and software technology with Mobeam's offerings creates a true mobile wallet for smartphone users. 

“Our goal is to make the shopping experience for consumers as easy as possible using mobile technology which enables true digital wallets, not simply digital credit card alternatives,” said Garrick. 

Mobeam chose to work with Mobiquity Networks because Mobiquity powers the biggest shopping mall-based beacon advertising network in the United States. Mobiquity Networks is known for providing proximity marketing in a way that enhances the user’s experience.

Garrick continues, “By joining Mobiquity Networks’ publisher network, we can improve the shopping experience even more by enabling shoppers to redeem their Mobiquity offers by simply beaming them into the checkout scanner.” He explained, “We complete the ‘last mile’ of capturing valuable targeted retail deals and enabling the shopper to easily transmit those savings into the checkout POS for an instant redemption.”

How Does It Work?

Garrick states that Mobeam “will integrate Mobiquity Networks’ software into its popular Beep’nGo app, enabling it to deliver smarter and more convenient ways to pay and save while shopping.” He adds, “Popular and emerging ‘mobile payment’ apps rely on NFC or other technologies that communicate with credit card payment terminals, but not with scanners.”

Mobeam’s barcode technology enables true mobile wallets, not just NFC-based card substitutes. This means that Beep’nGo users will now be able to carry membership cards, loyalty cards, gift cards, vouchers, coupons, tickets, and more in one app, offering universal POS access at retailers. And, they’ll get targeted discounts delivered to this app, which provides more opportunity for saving money at stores where they shop most.

The integrated technology solution will deliver highly impactful offers to users’ smartphones, at the moment they’re looking for deals.

Mobeam’s patented light-based beaming technology excels at overriding technical barriers and enables POS red laser scanners to read barcodes on Android mobile devices. Mobiquity Networks is a national leader in location-based mobile advertising and application engagement software.