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BLE Beacon Payment
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BLE Beacon Payment
On average it takes 16 seconds to complete a chip card transaction and more importantly, merchants in the US accepted 5.3 trillion dollars in card transactions in 2015, and all of them were blind. Regardless if the merchant is using a fancy tablet like your local coffee shop, or an old out of date legacy point-of-sale system, Every card swipe is a waste of time and a wasted opportunity for the merchant to learn more about the customer.
The Bleu point of transaction network cuts wait time from 16 seconds to zero in a prepaid scenario, and down to 4 seconds in an instore payment scenario. This represents a 20% increase in transaction volume for the merchant. Through the Bleu patented method, business owners can benefit from in-store location analytics, and unique payment data to deliver personalized shopping experiences, loyalty, coupons, and engage customers like never before.
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Brett Howell
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Sesie Bonsi
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Founder @Bleu , • Worked at @Zaarly • Studied at @Pepperdine University, @University of Alabama
Valuation

$2.5M

Funded over

1 round

Latest round

Oct 2014

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