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News in brief

Visa invests in LoopPay

News in brief

Visa has invested an undisclosed sum in Magnetic Secure Transmission (MST) inventor LoopPay. “The investment is part of a larger strategic funding round for LoopPay, announced earlier this month, which includes Synchrony Financial (formerly GE Capital Retail Finance) and other strategic partners not yet named,” the mobile payments startup says.

Filed by Email Sarah Clark Published • Last updated 25 July 2014, 10:58

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