Foursquare Charges Businesses $20 to Register on the Network

Foursquare has settled on charging businesses a $20 fee to register on the check-in service, Mashable has learned.

Foursquare had previously tested a variety of price points for companies to claim their business, but according to a rep, it recently decided to charge $20 across the board because that price point performed best.

Companies may already have their business listed on Foursquare, but by paying the fee, they can take control of that listing and add in relevant information like a description and hours of operation. Nearly 1.4 million businesses have registered on Foursquare to date, paying varying amounts to do so.