It’s time to get connected with a smart new way to pay! Your smartphone is probably the one thing you never leave behind, right? Well, now you can use it to safely pay for things you want, find great deals, and transfer money to friends.
What is looped in®?
looped in is a complete electronic, PIN-based, wallet-free, payment system that combines the convenience of a mobile application with the simple transparency of a cash transaction. looped in is different. Unlike many other mobile payment applications, there is no need for a bank card, or even a link to a bank card. looped in is prepaid account, so your card number and account details are never used in a transaction.
• Pay for goods and services at participating merchants and venues
• Easily find merchants near you with the geo-location feature
• Get deals that are automatically applied when you pay
• Transfer money to other looped in users
• Pool funds with friends to make a single restaurant or merchandise purchase
• Access past transaction history
• Greener alternative to paper and plastic
What’s in it for you?
It’s Safe - Your looped in account keeps your money safe. You approve every transaction from your phone and only your phone. Access to your money is PIN protected so even if you lose your phone your money is safe!
Get Deals - Receive special deals and promotions just by having the looped in application. Send deals you don’t want or can’t use to your friends.
Loop in Your Friends - Send money to friends, share deals you’re not using, and refer your friends. The geo-location feature points you to looped in merchants in your area and beyond!
Everything is Organized - No more fumbling with cards or searching for the closest ATM. Your money is as close as your phone, and you can store your favorite merchants in your own loops so you can find their deals whenever you want. Plus, your deals are redeemed electronically, putting an end to punch cards, coupons and promo codes.
How it works:
• Register and verify your phone
• Set up your bank account to load money
How to make a transaction:
• Open up your app
• Enter your PIN
• Present your QR code or give your phone number to the merchant
• Enter a tip if applicable and tap OK
Requires a looped in account. Sign Up in the App.
• New, quicker option to pay using a QR code that the merchant scans instead of providing your phone number. Your phone number can still be used if the merchant is unable to scan the code, or when making online or phone purchases.
• Your phone number is safe when you use it to make a purchase. Only the last four digits of the number appear on the merchant device and in the merchant transaction records.
• Updated tip interface for quicker addition of percentage or dollar amount tips.