As the year draws to a close and we all get ready to enjoy the holiday spirit, it's time for a bit of reflection and a whole lot of gratitude. Here at Beam, we want to extend a warm, heartfelt thank you to everyone who's been part of our journey. With glasses raised, we're not just toasting to the year gone by; we're gearing up for an even brighter future ahead in the payments industry. The sector looks promising, and we're all in to make the landscape of payments not just better, but revolutionary.
In a year that tested resilience, Beam stood strong, securing a Seed Extension raise amidst a challenging funding environment. Our commitment to simplifying the payment experience has never been stronger, and this achievement marks just the beginning of our journey to deliver ease and efficiency to our merchants and shoppers.
Achieving PCI DSS level 1 version 4.0 certification was not a mere tick in the box for us—it was a reaffirmation of our commitment to privacy and security. At Beam, these principles are not just added benefits; they are the very core of our system, ensuring every transaction is safe and secure.
This year, Beam saw explosive growth in transaction volume, soaring to over 3X from the previous year. This milestone is a testament to the trust and reliability our merchants find in our service, pushing us to continuously innovate and improve.
Our checkout process underwent a significant transformation, becoming 20 seconds faster, integrating 8 new installment providers, and expanding our reach globally. These enhancements are part of our relentless pursuit to revolutionize payments, making every transaction simpler and more accessible.
Our dashboard received an upgrade, empowering merchants with real-time sales data and insights. This powerful tool enables strategic decision-making and unlocks the full growth potential, all through an intuitive interface.
Our revamped Accounting feature transcends traditional limitations, offering streamlined financial management, invoice tracking, and handling payments, all in one platform. This reinvention simplifies financial operations for our merchants.
With the introduction of our Store Link feature, we've made offline payments simpler than ever. Merchants can now accept payments anytime, anywhere, while seamlessly managing their sales in one platform.
Our commitment to merchant success led to the launch of ‘Guides’, a comprehensive resource designed to help merchants thrive on the Beam platform. We're here not just as a service, but as a support system for growth and success.
As we stand on the brink of a new year, our sights are set on the next phase of transformation in the payments sector. With every innovation and every milestone, we move closer to a future where payments are not just transactions but experiences—smooth, secure, and seamless.
Beam's journey is far from over; it's evolving, with exciting developments designed to redefine payments. We invite you to join us on this journey, to explore the innovations that await, and to be part of a future where every payment is a step towards something greater.
To learn more about our journey and the innovations that lie ahead, visit us at https://beamcheckout.com/stories