Money in the bank. That's the motivation behind a new Foursquare initiative that lets members link their Visa and MasterCard credit or debit cards and redeem money-back specials from participating merchants.
Foursquare, a company banking on check-ins to power its Explore discovery feature, aims to encourage more of its 30 million members to tell the application where they are with the additional freebies. The places-centric social network also hopes to cash in from the program. The company pockets a fee for every credit redemption it processes.
Today's announcement marks the first significant expansion to the startup's credit … Read more