July 25, 2014
In a discussion with Amit Goel from Let's Talk Payments, CEO of LoopPay Will Graylin spoke about the strategic investment they have received from Visa.
Amit - What are the biggest reasons for Visa to invest in your company?
Will - There are three big reasons:
1) It is the first scalable payment solution that works with existing POS infrastructure. It is believed that consumers are not going to change their behavior and would stick to wallets and plastic cards. Keeping this in mind, LoopPay, as a solution, works towards enhancing customer experience while being in sync with their existing behavior.
2) The LoopPay fob/case works with a variety of devices and platforms today and going forward could get embedded into mobile devices at scale. ...