Beam Wallet, a mobile commerce and rewards platform, has partnered with MasterPass by MasterCard, a digital wallet service, to offer consumers a fast and rewarding way to shop at more than 3,000 stores in the UAE.
MasterCard said that the new mobile payment solution offers users the chance to earn a number of rewards, including food and beverage, travel, shopping, telecommunications and entertainment discounts at physical retail outlets in the UAE.
MasterPass by MasterCard is a digital platform that allows users to pay quickly and securely using any payment card or enabled device. It can be accepted wherever the "Buy with MasterPass" checkout button is found.
Beam Wallet co-founder Shezan Amiji said: "Beam’s mission is to transform the way people shop, while at the same time delivering unique value and insights for our partners.
"With our collaboration with MasterCard and ENOC, Beam Wallet is cementing its position as the leading mobile commerce platform in the UAE."
MasterCard division president for Middle East and North Africa Khalid Elgibali said: "We are excited to enable this unique mobile payment technology in the UAE, which will eliminate the need to carry cash or a physical card when shopping at thousands of popular stores in the UAE, and open hundreds of thousands of online shopping experiences for consumers."