What is FreebeePay?

Shannon Andrade |

February 18, 2013

FreebeePay

Mobile applications are a $6 billion market today and, according to 2012 predictions from industry leading analyst firm, Forrester, that market is expected to grow nearly ten fold to more than $55 billion by 2015. While the world of mobile applications ranges widely from games to productivity to social and much, much more, a growing percentage of mobile ‘apps’ are focused on contactless payments and mCommerce. Freebeepay is one such company.

FreebeePay is an award winning solution that enables merchants to easily connect with customers on a personal level by combining mCommerce, social networking, and micro advertising together in one, easy-to-use, yet powerful, mobile application. Freebeepay puts merchants ‘in their customers’ wallets’ and offers the capability to deliver personalized offers, loyalty rewards, and promotions directly to their smartphones. They also offer a white label solution that enables merchants to create custom branded mCommerce solutions. For point-of-sale (POS) developers, Freebeepay provides a SDK with an open API.

Customers enjoy the ease of using FreebeePay and the ability to save time and money, share deals and even support a cause (Charity Top-up) via their free app. Using FreebeePay, customers receive personalized offers from favorite merchants right on their smartphone and they now have the ability to pay via a secure digital wallet as well as share great deals and offers with friend via popular social networks.

New mobile applications continue to enter the payments marketplace servicing a wide variety of needs for merchants and consumers alike. With dozens of entries flooding the space each month, it’s our goal with, what has now become our ‘What Is’ series, to provide brief overviews of many of the new apps available. Giving merchants and developers an up-to-date look at the opportunities and technology currently available to them in the market today.