LevelUp
Encyclopedia
LevelUp is a mobile payments platform created by Cambridge
Cambridge
The city of Cambridge is a university town and the administrative centre of the county of Cambridgeshire, England. It lies in East Anglia about north of London. Cambridge is at the heart of the high-technology centre known as Silicon Fen – a play on Silicon Valley and the fens surrounding the...

-based start-up SCVNGR
Scvngr
SCVNGR is a social location-based gaming platform for mobile phones. The application has both a consumer and enterprise component. Companies, educational institutions, and organizations can build challenges, the core unit of their game, at places on SCVNGR from the web. The service also supports SMS...

. The LevelUp mobile application uses QR code technology to allow for mobile transactions to be made at local businesses via iPhone and Android phone.
History=

LevelUp was initially launched in March 2011 and operated for its first 3 months as a daily deals platform. In July 2011, LevelUp shifted away the daily deal space to focus exclusively on their mobile payments solution.
How it works=
The LevelUp mobile application for iPhone
IPhone
The iPhone is a line of Internet and multimedia-enabled smartphones marketed by Apple Inc. The first iPhone was unveiled by Steve Jobs, then CEO of Apple, on January 9, 2007, and released on June 29, 2007...

 and Android allows registered users to securely link their debit or credit card to a unique QR code displayed within the app. To pay with LevelUp, users scan the QR code on their phone at LevelUp terminals located at local businesses who accept LevelUp as a form of payment. Users without smart phones can order a physical LevelUp card on which their unique QR code is printed.

Every merchant that accepts LevelUp as a form of payment also offers monetary savings to users. Users are given “First-Time Visit Specials” the first time they make a transaction at the merchant’s location. Users can also unlock “credit” to a merchant’s store after spending a certain amount at the merchant’s location.

Currently LevelUp is available at businesses in the Boston, Philadelphia, New York City and San Francisco areas.
External Links=
LevelUp

How It Works
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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