Please provide a description of your company in 50 words or less.
Bead Pay is digital payments company that specializes in cryptocurrency payments. Our mission is to allow merchants to accept cryptocurrency as a form of payment and receive the full purchase price in local currency all while experiencing no price volatility, chargebacks or the need for cryptocurrency knowledge.
Why did you join RSPA?
We are looking to forge relationships with select channel partners and help provide competitive advantage to merchants.
What verticals do you serve?
Bead Pay is compatible across all verticals.
What products/services do you provide?
Bead Pay provides an alternative payment method for merchants to accept cryptocurrency and receive fiat immediately without volatility or the risk of chargebacks. We accomplish this with integrations into smart terminals, point of sale systems & ecommerce.
e.g., Merchant charges $100 USD – receives – $100 USD with a transaction fee that is significantly lower than traditional costs.
Name one fun fact that makes your company different from others.
Bead Pay was founded by partners from very diverse successful backgrounds, Wall Street, Mobile Game Development & Fintech.
What is the most encouraging thing you see for the future of the retail IT industry?
Nearly 75% of retailers plan to accept cryptocurrency payments within the next two years, according to a June 2022 survey conducted by Deloitte.
Bead Pay is in a unique position to help channel partners be in front of this trend.
Connect with us:
The best point of contact is Jay Sykes.