It was a victory for all of France and the home crowd did it justice, pouring into Paris' Avenue des Champs-ElysEes by the tens of thousands to celebrate in an explosion of joy.
Beckenbauer won the World Cup as player with West Germany in 1974 and as Germany manager in 1990.
The changes represent "winks" to the team, Paris transport operator RATP said Monday.
After France won the World Cup on Sunday, defeating Croatia 4-2, Mbappe was in line to receive about $500,000.
Macron had already celebrated with the team on Sunday after attending the final in Moscow, to project a more modern image as a president in touch with the masses.
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TRT World's Arabella Munro reports.
According to the Irish Mirror, 292 people were taken into custody across France following the team's win.
After the parade, a lavish reception has been planned for the world champions at the presidential palace.
Several Paris Metro stations were temporarily adjusting their names to honor the team and its members, the transport authority tweeted. The Champs-Elysees Clemenceau has become the Deschamps-Elysees Clemenceau to honor coach Didier Deschamps.
Brazil's Neymar was the most-mentioned player, with Lionel Messi, Cristiano Ronaldo, Philippe Coutinho and Mbappe also in the top five.
"I had an vast privilege to live through this as a player 20 years ago and it was in France, so it will be marked in my memory forever, but what the players did together today is just as attractive", he said.