quismal

I would think that Mr. Crowley is hoping that, eventually, other credit card companies will want to do the same thing; allowing them to generate income. American Express is in need of an advantage over Visa and other major credit card providers, while Foursquare needs someone with the capitol and resources to begin a new venture.

Good Idea Foursquare! Would it be smart for American Express to build an exclusivity clause with Foursquare for this service?

That is a concept that I have been toying with. However, all interactions with payment processing servers would have to be done via your smart phone's internet connection; which isn't a terrible thing despite possible slow connections.

I loved the interview. It's amazing that one of the biggest Android-Market hits started with a mach-screen shot of wingless birds. Testimony to the ability of a great idea to make millions happier. Thanks for posting!