Synchrony Financial, formerly GE Capital Retail Finance, has made “a strategic investment” in LoopPay, developer of a mobile phone add-on that lets US consumers make payments at merchants equipped with magnetic stripe card terminals. The amount of the investment has not been disclosed.
- Smart Card Alliance offers HCE paper
- Square lets consumers send cash by text
- Citi launches digital wallet
- Estimote unveils BLE stickers
- IPC Media promotes magazine sales via convenience store beacons