DoubleBeam Acquired from Verifone

DoubleBeam Acquired from Verifone is a software company headquartered in Los Angeles, California. Employing a team of 5 to 9 individuals, the company generates annual revenue of $2.5 million. DoubleBeam provides mobile solutions designed to enhance the customer experience for retailers while simultaneously reducing their payment processing costs. The company's solutions integrate seamlessly with existing retail mobile applications and point-of-sale systems. This integration enables retailers to leverage customer purchasing behavior and preferences to deliver personalized offers and promotions via smartphone notifications, effectively bridging the gap between marketing efforts and real-time customer engagement. In addition to enhancing marketing ROI, DoubleBeam empowers retailers to save on payment processing fees by offering mobile-based eChecking as a cost-effective alternative to traditional credit and debit card transactions. These savings are often passed on to customers through targeted promotions, creating a win-win scenario. DoubleBeam's technology streamlines payment processing, captures valuable customer data, and facilitates the implementation of targeted in-app offers, all while operating unobtrusively in the background. Retailers retain control over their brand identity and customize the features that contribute to a positive customer shopping experience. For more information about DoubleBeam and its solutions, visit www.doublebeam.com.