PXT Payments is an electronic payments company facilitating transactions via mobile devices such as peer to peer, onsite POS, mobile merchants, and on the Internet.
PXT Payments was founded in early 2004 as a smart card debit payment system for local parking meters, garages and participating merchants.
In 2012, PXT Payments captured the mobile market with looped in, a smartphone application that expands the merchant-consumer relationship. [Read more…]
BOSTON, MA–PXT Payments, provider of looped in, an electronic mobile payment system, has partnered with Boston University’s Agganis Arena. The Boston mainstay sports, concert, and event venue will accept the looped in app at all of its food and beverage stands.
“looped in mobile technology offers fans an enhanced user experience at the game, a quick alternative to cash anywhere, deals at the arena and around town, and can keep them in touch with what’s going on at Agganis,” said Kristoffer Brassil, general manager for Agganis Arena. “Fans can be on the lookout for looped in deals, games and even prizes.” The app is geo-location based, so it is easy for people to find looped in merchant deals near Agganis before and after games, too. [Read more…]
A new report entitled Mobile Wallets: The U.S. Landscape by Mercator Advisory Group identifies U.S. mobile wallets by category and technology.
The physical wallet might someday go the way of the checkbook, used by few and no longer a necessity. Growing consumer use of smartphones is creating a market for mobile wallets capable of serving many of the same purposes physical wallets served for centuries but now are able to take advantage of a plethora of new functions made possible in an increasingly digital marketplace. [Read more…]
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