The LoopWallet app is available at the Apple App Store, with an Android version planned for release in April 2014. Loop is also providing the Loop Fob, a functionality which gives users the ability to swipe and store their credit or debit, gift and reward cards into their smartphones.
Loop integrates Payment Card Industry (PCI) security standard, and can store all cards (payment, gift, loyalty, reward, ID, etc.). With its patented technology, payment card data is encrypted and stored in dedicated hardware memory, within the Loop Fob or any Loop enabled device.
Partnering with payment card issuers, Loop’s technology can also generate dynamic card data every time a payment is made.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.