Visa, MasterCard and Foursquare Partner For Check-In Discounts

What's Next In Payments®
6:34 AM EDT February 26th, 2013

Foursquare has struck a deal with Visa and MasterCard that will see cardholders receive discounts for checking in at certain retailers, Finextra reported. Users will be able to sync their account with their debit or credit card. Then, when they check in at participating retailers, they will get a discount if they use the card for a purchase. This new partnership replicates an arrangement Foursquare has had in place with American Express for some time.

The first deal is being offered at 8,000 U.S. Burger King locations: a $1 discount to those who check in and spend at least $10.

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