British Columbia – Victoria – Victoria
Corporation
www.beanstream.com
British Columbia
Victoria
Victoria
Corporation
active
Operating name: Beanstream
BEANSTREAM IS A FINANCIAL AND AUTHENTICATION SERVICES COMPANY.
WE PROVIDE A WIDE RANGE COST EFFECTIVE AND UNIVERSALLY AVAILABLE
INTERNET ACCESSIBLE TOOLS AND APPLICATIONS TO ENABLE PAYMENT
PROCESSING AND RISK MANAGEMENT FOR BUSINESSES AND THEIR
CONSUMERS. OUR SERVICES ALLOW OUR CUSTOMERS TO REDUCE THEIR
PAYMENT PROCESSING COSTS, SPEED THEIR PAYMENT RECEIPTS, REDUCE
THEIR EXPOSURE TO FRAUD, AND BENEFIT FROM ENHANCED REPORTING,
RECONCILIATION AND BUSINESS INTEGRATION CAPABILITIES WITHOUT
HAVING TO ADOPT A PROPRIETARY BANK SOLUTION.
Country of Ownership: Canada
Year Established: 1999
Exporting: Yes
Primary Industry (NAICS): 522329 - Other Financial Transactions Processing and Clearing House Activities
Primary Business Activity: Services
Total Sales ($CDN): $5,000,000 to $9,999,999
Export Sales ($CDN): $1,000,000 to $4,999,999
Number of Employees: 15
Services:
Beanstream
Products:
Payment software, Electronic fund transfer (eft)
Technology:
Beanstream provides a service that acts as the interface between
businesses and consumers processing financial transactions and
the banks and credit bureaus that provide the processing and
risk management €œback-end€?. Our services are accessible via the
Internet and provide a uniform, bank neutral, multi-currency
interface for our clients to process credit card transactions in
real-time or batch mode, and establish recurring billing
schedules for credit card, EFT, and ACH transactions. Our
customers save money by utilizing the Internet as a
communications interface to the banks and by having more
extensive reporting, data analysis and integration services than
the banks usually provide. In addition, our services automate
what has typically been manual business processes very cost
effectively. Our banking partners obtain value by having us
provide the client interface, custom client services, and
support allowing the banks to focus on their core business
competencies
Koide Chris
Thomson Craig
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