DoubleBeam, the company that powers mobile commerce at the POS, announced this week that it has acquired point of sale commerce solutions company, GoPago.
DoubleBeam’s solution can save merchants up to 75% on interchange fees by circumventing credit cards. Its acquisition of San Francisco-based GoPago will deliver a turnkey mobile commerce solution for merchants.
Shortly after DoubleBeam’s acquisition announcement, TechCrunch reported that Amazon purchased the technology and engineering team from GoPago, which means that DoubleBeam has acquired the POS business and merchant relationships side of the company.
To see a live demo of DoubleBeam, check out its FinovateFall 2013 demo.