DoubleBeam has acquired GoPago, a company that offers commerce solutions to merchants and a mobile payments platform for customers. The combined company will enable merchants to leverage an integrated and modern point-of-sale and mobile commerce platform across various channels.
“We are very excited about the synergies between Doublebeam’s leading mobile commerce solutions and the mobile point-of-sale systems that GoPago brings to the table” stated DoubleBeam CEO Ted Tekippe. “The complimentary capabilities of these technologies will bring a unique and holistic solution to the retail industry. It’s exactly what our customers have been asking us for.” GoPago is the only cloud based point of sale that includes POS software, hardware, tablet, 4G LTE data plan, and mobile ordering.
According to TechCrunch, Amazon acquired GoPago’s technology and hired their engineering and product teams. However, DoubleBeam took over the sales business and merchant relationships.
DoubleBeam was founded by executives that worked at PayPal, Green Dot, and Digital Insight. DoubleBeam helps merchants save money on payments by offering mobile-based eChecking as an option, which is cheaper than traditional credit and debit cards.