Two Department students have created an app that allows people to replace all coupons and loyalty cards with their phone. The app - called Stocard - has been featured by Apple as one of the best apps of 2011 in Germany and Austria and has just been launched in the UK.
Postgraduates Björn Goß (MSc Management Science) and David Handlos (MSc International Management) aim to help people remove clutter from their wallets, while still receiving loyalty prices, with the help of their phone. The free app uses your phone’s camera to scan the card’s bar code. Stocard will then create a new card for you, thus turning your phone into a digital loyalty card. At the checkout, you just show the phone to the cashier and have the digital loyalty card scanned to receive discounts.
The two students developed the app with the help and feedback of fellow LSE students, mentors and professors. 'The weekly events of the LSESU Entrepreneurship Society proved to be especially helpful. We were able to get feedback and exchange ideas with like-minded entrepreneurs, who helped us refine our idea and encouraged us to keep up the entrepreneurial spirit when we hit inevitable bumps in the road,' said David.
For more information, visit the Stocard website.
Published: 26 April 2012