LevelUp is a start-up company that allows you to make mobile payments through iPhone or Android. LevelUp realizes that QR Code’s are not cutting it anymore and has now shift their attention to NFC payments.
The startup added another big piece, announcing new hardware that supports NFC payment for any phone with NFC capabilities. Seth Priebatsch says the company’s goal is to have 6,500 merchants onboard by the end of the year.
Many Android phones currently have NFC capabilities and the iPhone 5 is rumored to also have NFC capabilities. This could be a giant step forward for a company that raised $31 million and has 3,600 merchants on board with their project.
Here is how LevelUp currently works: