Monday, March 21, 2011

GiftRocket Lets You Send Gifts That Can Be Redeemed At Specific Locations

GiftRocket, a Y Combinator-backed startup, is launching this week a service that marries the concept of virtual gift cards with location-based services. Basically, GiftRocket lets you send money to a friend or relative in a snap, but also see to it that the transaction is effectively made only when the recipient 'checks in' to a certain location. Hence, you could use GiftRocket to send $15 to a friend to sway him or her into checking out the breakfast offering at that coffee place you've been raving about, or you can gift your mother a $50 bouquet of flowers but only if she visits that new flower shop a couple of blocks away.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aitIzwPLuOU/

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