Thursday, February 27, 2014

News on Mobile Wallets - LevelUp, Dash, and Chase

Can you say ABC?

The alphabet soup of mobile wallet options continues, though some are also branching out a bit.  Today I'll pop news up about 3 options.

First is Boston-based LevelUp that has specialized in the Quick Service Restaurant space around Boston.  They're introducing an option to pay online that continues the tie to marketing campaigns executed on through their mobile wallet.

http://www.pymnts.com/briefing-room/consumer-engagement/Loyalty/2014/levelup-goes-online

Next is a mobile wallet option for diners in New York City restaurants:

http://www.pymnts.com/briefing-room/mobile/mobile-payments/2013/dash-changing-payments-one-bar-tab-at-a-time/

Finally is an entry by Chase and this one is pretty significant.  I question whether one player has the chops to go solo in this space but perhaps this is a play to gain a seat at the table once consolidation begins and ends.

http://www.mobilecommercedaily.com/chase-takes-a-stab-at-mobile-wallets

Happy reading,

J.W. Gant

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