Say goodbye to swiping your debit or credit card. Engineers impress again.

LevelUp: Pay-By-Phone Innovator

Say goodbye to swiping your debit or credit card. Engineers impress again.

Photo: LevelUp Progress Meter: Users can use the startup's app to find nearby vendors who accept LevelUp, as well as see how close they are to receiving a loyalty credit. Click on the image to enlarge. In a few years, paying for goods and services with a smartphone could be as commonplace as swiping a credit or debit card today. According to the analyst firm Gartner, the global market for mobile payments is projected to grow to US $617 billion annually by 2016. But for now it’s still early days, with a hodgepodge of technologies and businesses models vying for mindshare and market share, such as Google Wallet, Isis Mobile Wallet , and Orange’s Quick Tap . Boston-based LevelUp entered this arena last year with a free phone app that customers link to a debit or credit card. When it’s time to pay at a store, the app generates and displays an onscreen QR code (a type of high-c...

Full article: http://spectrum.ieee.org/at-work/innovation/levelup-payby...

Tweets

@savinaftn » 24 Aug '12, 4pm
RT @LSUEngineering: Say goodbye to swiping your debit or credit card. Engineers impress again. [link]
@LSUEngineering » 24 Aug '12, 4pm
Say goodbye to swiping your debit or credit card. Engineers impress again. [link]
@MirceaMihaescu » 20 Aug '12, 2pm
paying by QR code made it to IEEE Spectrum magazine [link] #in
@samyspsa » 18 Aug '12, 8pm
LevelUp: Pay-By-Phone Innovator. Paying with a smartphone might become usual and easy in the near future: [link]
@samyspsa » 18 Aug '12, 8pm
LevelUp: Pay-By-Phone Innovator. Paying with a smartphone might be a [link]
@pevansgreenwood » 17 Aug '12, 12pm
LevelUp: Pay-By-Phone Innovator [link] < Non-NFC payment solutions are springing up everywhere
@WavesnCloud » 17 Aug '12, 7am
Mobile payments on the move [link]
@galex68 » 17 Aug '12, 4am
Pagos moviles ... innovaciones para los usuarios en EE.UU ... [link]
@itworks » 16 Aug '12, 10pm
LevelUp: pay-by-phone innovator #itw20 [link]
@nbarkakati » 16 Aug '12, 8pm
Interesting pay-by-phone system from this startup... via @IEEESpectrum [link]
@taneliruda » 16 Aug '12, 5pm
Pretty interesting mobile payment system by LevelUp generates QR code on mobile screen, scanned at point of sale [link]
@Arturo_C_Devesa » 16 Aug '12, 4pm
Level-Up: pay with the smartphone using a free app, linked to debit or credit card, that generates a QR code. [link] #highTech
@SEARCH2INNOVATE » 16 Aug '12, 3pm
"I absolutely enjoy new technology, and innovations for the next 5 yrs are sure impress!" - LevelUp: Pay-By-Phone - [link]
@OlaWaliczek » 16 Aug '12, 3pm
LevelUp: Pay-By-Phone Innovator [link] #in
@maxime_hugues » 16 Aug '12, 2pm
LevelUp: Pay-By-Phone Innovator [link]
@HSTSearch » 24 Aug '12, 4pm
RT @LSUEngineering: Say goodbye to swiping your debit or credit card. Engineers impress again. [link]