Beam

What Beam does

Beam (Beam Data Co., Ltd.) is a Bangkok-headquartered payment solutions provider licensed by the Bank of Thailand as a Payment Facilitator and Payment Acceptance on Behalf Service Provider. Founded in 2019, the company operates a unified payments platform spanning three core products: Beam Bolt for in-person acceptance via hardware terminals, Beam Checkout for online and social commerce payment links, and Beam Bridge for embedded payments infrastructure integrated into partner platforms. The technology stack supports universal payment acceptance across cards, QR PromptPay, 8+ Thai installment banks, and major e-wallets, with VeriFast onboarding enabling merchant activation in 1–3 days.

The business model combines transaction-based take-rate fees (cards starting at 1.8%, free QR PromptPay, e-wallets at 2.20%, BNPL at 2.50%), hardware sales of the Bolt+ terminal at 4,490 THB, and revenue-share economics through the Beam Bridge partner program. Beam serves a hybrid customer base: direct merchants across fashion, healthcare, hospitality, electronics, and retail via self-serve and enterprise sales motions, alongside platform partners such as SeniorSoft (enabling 50,000+ downstream merchants), Peak, and Zort.

Founded in 2019, Beam raised US$2.5 million in seed funding in November 2022 led by Sequoia Surge with participation from Partech Partners, followed by a Seed Extension from SeaX Ventures in December 2022. The company is positioning for expansion across Southeast Asia, with current operations concentrated in Thailand.

Name

Beam

Legal name

Beam Data Co., Ltd.

Website

https://beamcheckout.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Beam is a Bangkok-based payments platform licensed by the Bank of Thailand, offering in-person (Bolt), online (Checkout), and embedded (Bridge) payment acceptance to merchants and platform partners across Southeast Asia.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), Payment Gateways & Orchestration (BPAMAFAA), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG)

Keywords

• Payment processing platform
• Merchant payment acceptance
• Online payment gateway
• Embedded payments infrastructure
• Southeast Asia payments

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction Fees: Beam charges percentage-based fees on each transaction processed through its platform. Fees vary by payment method: QR PromptPay is free, cards start at 1.8%, premium cards at 2.75%, overseas cards at 3.25%, AMEX at 3.50%, BNPL at 2.50%, installments at 1.95% + 0.80% per month, and e-wallets at 2.20%.
2. Device Sales (Bolt+): Sale of Beam Bolt+ payment terminal at 4,490 THB (VAT included) per unit. Enterprise support and custom quotations available for high-volume businesses.
3. Platform/Partner Revenue Share: Beam Bridge enables platforms to earn through transaction fees with a scalable revenue-share model. Platforms like SeniorSoft, Peak, and Zort integrate Beam's payment infrastructure for their merchant bases.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Beam is a licensed payment platform that enables businesses in Thailand and Southeast Asia to accept in-person and online payments through its three core products: Beam Bolt (in-person payment terminal), Beam Checkout (online payment gateway with payment links and one-click checkout), and Beam Bridge (embedded payments infrastructure for partner platforms). It supports cards, installments, QR PromptPay, and major e-wallets under one integration, charges transaction-based fees (free QR, cards from 1.8%), and onboards merchants via its proprietary VeriFast process in 1–3 days.

Product overview

Beam offers a unified payments platform with three core products: Beam Bolt (in-person payment device), Beam Checkout (online payment gateway), and Beam Bridge (embedded payments for platforms). The Bolt+ hardware terminal (4,490 THB) enables in-person acceptance of cards, QR PromptPay, installments, and e-wallets. Beam Checkout provides online payment links and a customizable gateway for social commerce and websites. Beam Bridge delivers licensed payment infrastructure for partner platforms including POS, accounting, and self-service systems. All products share a common merchant dashboard and payout system.

Differentiator

Problem solved

Functional benefit

Brands

• Beam Bolt: In-person payment terminal device that accepts cards, QR PromptPay, e-wallets, and installments
• Beam Checkout
• Beam Bridge

Products and services

• Beam Bolt In-person payment acceptance device and software that enables merchants to accept cards (NFC tap and IC insertion), QR PromptPay, e-wallets, and installments at retail storefronts, restaurants, pop-ups, events, and self-service kiosks. Targeted at physical retail and F&B merchants needing universal payment acceptance on a single terminal.
• Beam Checkout Online payment gateway and checkout solution for merchants selling through websites, social media, messaging apps, and mobile apps. Provides payment links, one-click checkout, and customizable checkout pages that turn social conversations into conversions. Targeted at online retailers, social commerce sellers, and brands running live selling or LINE OA commerce.
• Beam Bridge Embedded payments infrastructure and API for platforms, POS systems, accounting software, live commerce platforms, and self-service systems to offer payments to their merchant ecosystem under a revenue-share model. Eliminates the need for partners to obtain their own payment licenses. Targeted at technology platforms and SaaS providers in Southeast Asia.
• Bolt+ Payment Terminal All-in-one physical payment terminal priced at 4,490 THB (VAT included) that accepts cards, installments, QR PromptPay, and e-wallets with Wi-Fi or SIM connectivity. Includes a 2-year warranty, full support, and daily payouts. Targeted at merchants needing a complete in-store acceptance device with broad payment method coverage.
• Bolt App for Android Mobile application enabling merchants to accept payments using NFC-enabled Android smartphones, with transaction tracking and business management features. Targeted at SMB and mobile merchants who want to accept in-person payments without a dedicated terminal.

Quantifiable outcome

• 7x faster checkout, 30% higher conversions, 12% loyalty uplift
• +5 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Bank of ThailandcoreOthersBeam is licensed by the Bank of Thailand as a Payment Facilitator and Payment Acceptance on Behalf Service Provider, providing regulatory moat for operations in Thailand.
• PCI Security Standards CouncilcoreOthersBeam maintains highest PCI DSS standards compliance for secure card transactions across all major networks.
• SeniorSoftcoreTechnology or IntegrationSeniorSoft integrates Beam Bridge to enable 50,000+ merchants to launch secure payments through their accounting and management systems.
• Cashless ClubminorGTM or Marketing PartnerCashless Club is a loyalty program partner offering Beam merchants up to 15% discount on Bolt+ orders and additional perks for high-volume merchants.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Midtrans: Indonesia-focused payment gateway owned by GoTo, offering online card, e-wallet, and bank transfer acceptance. Comparable product surface to Beam Checkout but concentrated in Indonesia rather than Thailand.
• PayMongo: Philippines-headquartered online payments platform serving local SMBs and enterprises with card and e-wallet acceptance. Similar SMB-focused, multi-method acceptance model as Beam Checkout, but geographically concentrated in the Philippines.
• DOKU: Indonesian PSP providing online payment gateway and merchant acquiring services to businesses and platforms. Comparable online gateway and platform integration capabilities, but primarily Indonesia-focused.
• Razorpay: India-headquartered payments and financial services platform offering checkout, payment links, POS, and RazorpayX for businesses. Operates in a different geography than Beam but offers a closely analogous SMB-focused product portfolio including embedded platform solutions.

Broad incumbents

• Stripe: Global payments giant offering online payment processing, terminal hardware, and platform/embedded finance via Stripe Connect. Operates in Thailand through licensed partners; overlaps with Beam's product surface but at vastly greater scale and capital base.
• Adyen: Global unified payments platform serving enterprise merchants with online, in-person, and platform acquiring. Comparable three-pillar product structure (in-person / online / platform) to Beam Bolt, Checkout, and Bridge, but serves global enterprise customers rather than SEA SMBs.

Direct peers

• Xendit: Indonesia-based payment gateway and PSP serving online businesses and platforms across Southeast Asia with similar multi-method acceptance and developer-first onboarding. Highly comparable business model to Beam's Checkout and Bridge products, with a broader regional footprint.
• Omise: Thailand- and Japan-headquartered payment processor and gateway offering card acceptance, online checkout, and POS infrastructure. Directly comparable to Beam on geography, product mix (online + in-person), and target SMB and platform segments.
• 2C2P: Established Thai payment processor with card acquiring, gateway, and installment capabilities across Southeast Asia. Closest large-scale domestic comparable to Beam on merchant acquiring, multi-method acceptance, and platform partnerships.
• HitPay: Singapore-based all-in-one payments platform offering online checkout, in-person terminals, and platform/embedded payments to SMEs across Southeast Asia. Closely mirrors Beam's three-product (in-person / online / embedded) strategy and SMB target market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/beamcheckout

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beam