Loop, a Boston, MA, startup, invented a mobile wallet solution that allows consumers to securely store and organize all their plastic cards (payment, gift, loyalty, membership, etc.) and use them virtually everywhere (works at 90% of retailers) with the device of their choice, including smartphones, smart watches, cases, fobs, chargers, and more. The Loop app also provides timely data (gift card balance, available credit, reward points, etc.) and compelling deals from your favorite merchants and card issuers like a Starbucks app, but without merchants having to invest millions on separate apps compatible with new POS infrastructure. Loop effectively leverages the existing payment infrastructure built over the past 40 years to deliver better commerce experiences in the new mobile channel for the next 40 years.
