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Synchrony invests in LoopPay

News in brief

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.

Filed by Email Sarah Clark Published • Last updated 10 July 2014, 17:12

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