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Home Business Finance Mobile payments

LevelUp

by Nyongesa Sande
3 years ago
in Mobile payments
Reading Time: 3 mins read
A A
LevelUp

LevelUp is an American mobile ordering and mobile payments platform created by Boston, Massachusetts–based start-up SCVNGR.[1] On July 25, 2018, it was announced that LevelUp would be acquired for US$390 million by Grubhub, an online food delivery platform.

Table of Contents

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  • History
  • Overview

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 from daily deals to focus exclusively on facilitating mobile payments. In July 2013, around 200,000 users and 3,000 companies were using LevelUp. In October 2014, around 14,000 stores were using LevelUp. In May 2017, they announced that they had raised $50 million in funding, with over 50,000 locations and more than 200 brands using Levelup.

Overview

The LevelUp mobile application for iPhone, Android and Windows Phone allowed registered users to securely link their debit or credit card to a unique QR code displayed within the app. To pay with LevelUp, users scanned the QR code on their phone at LevelUp terminals located at local businesses who accept LevelUp as a form of payment.

Some merchants that accepted LevelUp as a form of payment also offered monetary savings to users. Users are given “First-Time Visit Specials” the first time they made a transaction at the merchant’s location. Users could also unlock “credit” to a merchant’s store after spending a certain amount at the merchant’s location.

As of June 2016, LevelUp was available for businesses in the Boston, Chicago, Washington DC, Northern Virginia, Philadelphia, St. Louis, New York City, Atlanta, San Francisco,[5] Dallas, San Diego, Minneapolis, Montgomery, Kansas City, Seattle, and Wilmington (North Carolina) areas.

In early 2018, the company announced the release of Broadcast, enabling restaurant brands to reach new customers by allowing them to browse live menus, order ahead and pay directly from high-traffic apps such as Facebook, Messenger, Yelp, Foursquare, Amazon Alexa and Chase Pay

As of September 30, 2021, the LevelUp app is no longer available.

Post Views: 50
Tags: LevelUp
Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a seasoned writer, editor, and digital publisher passionate about delivering high-quality, SEO-optimized content across diverse fields including politics, technology, culture, business, and sports. As the founder and driving force behind NyongesaSande.com, he has built a trusted platform that blends in-depth reporting with accessible storytelling, making complex issues understandable to a broad audience. With a strong background in East African and global affairs, Sande is dedicated to providing readers with accurate, engaging, and impactful insights that both inform and inspire.

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