Beem It, Today turned on the ability to transfer money between your own cards in their latest update.
If you don’t have more than one card in the app you will need to go through the card set up and verification process which will make small debits and refund the money to the card you’re trying to set up.
But once that process has been completed you’ll be able to now transfer successfully between your cards.
The functionality, which is going to be seen as a well received addition to the app based on use cases observed online, this is one of the most heavily used functions using currently a two account workaround.
The app uses Visa or Mastercard payment rails when sending money and the recipient receives the money in their account by a eftpos refund via the eftpos payment rails.
Beem It is a money transfer app lead by Commonwealth Bank that’s a joint-venture between them, NAB and Westpac.