BeamUp Payments S.A.

BeamUp has created IT soft-banking / marketplace platform and mobile application which constitutes a scalable payment and sales channel ecosystem that addressed the needs of both, individual customers and merchants. It allows not only for smooth payment processing but also BI data gathering, big data analysis, individual profiling with up-sale and x-sale potential. BeamUp system is: • designed to support offerings of many industries, including but not limited to video and audio streaming, travel, gaming, entertainment, telecommunications, consumer finance and payment services with easy open-API integration layer enabling smooth and fast integration with any potential provider, • built with 2 fully operational layers: Frontend – interface for both BeamUp clients and employees, and Backend – responsible for business logic and business processes execution, • equipped with: o engine enabling profiling customer’s data in order to offer services matching individual characteristics of each customer and the history of purchases (fully fledged profiling service needs 2 additional months of IT development), o payment functionalities that seamlessly support both, in-app purchases, and stand-alone payment services (payment accounts, P2P, split payments), available at the touch of a finger with one-click authorisation, o functionalities that enable offering of global multi-currency card services (pay with your mobile – tokenization for Android and iOS platforms) in progress (ETA 6 months) o functionalities enabling offering of multicurrency wallets, o “Single Sign-On” (SSO) feature that allows for simplification of the process of registration and logging into multiple third party services using personal data with which the customer registered with BeamUp and enabling payment using payment functionalities in the application, without the need to provide payment data (e.g. card details) in each registration process • ready to support offering across Europe, including onboarding multinational customers, • connected with a number of providers, including but not limited to IBAN provider, card acquirer, KYC providers and pay-by-link provider, • compliant with regulatory requirements, including PSD2, 4th AMLD, GDPR, • tested in production since December 2017, with c.a. 50k customers that processed over 160k transactions for amount of 2M PLN, out of which 5k purchase transactions.