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Beam Money Launches Wallet App For iPhone

Mobile payments platform, Beam Money,  has launched a mobile wallet app for the iPhone, called Beam Wallet. The app will allow iPhone users to use the Beam Money service on their phones. According to the company, the Beam App will enable users to recharge Mobile and DTH accounts across service providers such as Aircel, Airtel, BSNL, Idea, MTS, MTNL Delhi and Mumbai, Reliance, Tata Indicom and Tata Docomo, Vodafone, Videocon, Uninor, Tata Sky, Videcon D2H, Airtel Digital, Sun Direct, Reliance Big, and Dish TV. The app also allows Gold members (members who provide KYC documents) to transfer money. How to use: After downloading the app, users can register for the service and are assigned a Secure Personal Identification Number (SPIN) used to authorize transactions in conjunction with the Registered Mobile Number (RMN) of the user. Users can then load funds into their account using their credit/debit card or a net banking account, to purchase Beam Money from the Beam website which is loaded in their Beam Account instantly.   The company mentions that it will offer in App purchases for the iPhone app soon. We were not able to register for the service, so we couldn't check but we believe that to conform with Apple's policies, Beam would not be able to offer an external link for top-ups within the app. Users can also top-up with physical Beam cards which can be bought from one's local Beam retailer. Users can make bill payments from the mobile phone. The iPhone app offers essentially offers telecom and…

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