Coles looks to create Beem-based digital wallet

Coles
Group
and
Australian
Payments
Plus
(AP+)
are
set
to
launch
a
new
digital
wallet
aimed
at
creating
a
smoother
checkout
process
leveraging
Beem
capabilities. 
 

The
wallet
will
allow
consumers
to
pay
for
items
using
an
eftpos
QR
code
in-store.

AP+
is
the
umbrella
entity
for
BPAY
Group,
eftpos
Australia
and
NPP
Australia.

The
planned
digital
wallet
will
use
mobile
payment
technology
from
Beem,
formerly
Beem
it,
which
eftpos

acquired
back
in
2020
before
commencing

work
on
QR
code
payment
features.  

Coles
chief
executive
of
emerging
businesses
George
Saoud,
said
customers
“want
quick
checkouts,
no
wait
times
and
an
easy,
seamless
payment
experience”. 

“We
are
excited
to
be
working
with
AP+
to
deliver
this
innovative
digital
experience
for
our
customers
leveraging
the
Beem
wallet
technology
and
the
strength
of
the
eftpos
QR
code
platform,”
he
said.

AP+
indicated
that
it
is
working
with
retailers
generally
“to
create
new
digital
innovations”
for
a
better
customer
experience.  

Already,
AP+
has
backing
from
Australia’s
‘big
four’
banks
for
its
digital
identity
exchange

ConnectID
platform,
which
is
expected
to
commence
rollout
this
year. 

About Author

AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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