The Company
Founded in 2010, mobeam inc. is transforming mobile commerce and retail point of sale interaction with its unique and patented light based communications technology. Today, the ubiquitous red laser scanner present at nearly every retail point of sale (POS) cannot see information displayed on mobile phone screens, creating a failure rate of 99 percent when consumers try to scan coupons, tickets, gift cards, loyalty cards and other barcode content using their phones. Mobeam overcomes the failure of handsets at POS by “beaming” a barcode using light. Mobile devices equipped with mobeam can transmit any barcode content without failure, enabling a new era in mobile commerce and creating multiple layers of value across the entire consumer products and retail industry. Mobeam’s technology provides universal access at point of sale (POS), requires no changes to retailer POS infrastructure, enabling the transmission of coupons, gift cards, tickets and other barcode data at retailers worldwide.