LoopPay Employee Directory
Computers and Electronics ManufacturingMassachusetts, United States2-10 Employees
LoopPay, founded in 2012 in Boston, Massachusetts, operates in the Computers and Electronics Manufacturing sector and positions itself as a mobile payment provider. The company develops technologies that enable consumers to use mobile devices for payments at a large network of locations, aiming to simplify transactions by allowing cards—including payment, gift, loyalty, and IDs—to be stored in a single app and accessed securely. Its technology is designed to work with existing mag stripe readers, providing merchants and payment processors with a way to accept mobile payments without additional equipment costs. Based in Burlington, LoopPay emphasizes security through password and PIN protection, encrypted card data storage, and PCI certification. A notable development in its history is the acquisition by Samsung Electronics, which led to the creation of Samsung Pay, reflecting a transition from an independent provider to a component of a larger ecosystem for mobile payments.
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