PXT Payments, creator and provider of looped in, the first full featured, geolocation-based mobile payment app and digital wallet provider, has recently revealed that the company will be partnering with Fenway Sports Management (FSM), the global sponsorship sales arm of Fenway Sports group.
As a result of the partnership, looped-in will be promoted at Boston College’s Conte Forum and Alumni Stadium as a sponsor of Boston College Athletics.
"Through our partnership with Fenway Sports Management, we are working toward introducing looped in not only to Boston College students and fans but also to sports facilities and other merchant partners that can benefit from direct communication with consumers, a streamlined goods and services payment process, and the ability to accept pooled payments for group sales," John Regan, CEO of PXT Payments, said in a company statement. "The college and young professional markets are naturals for our mobile payment and rewards system."
looped in will allow BC students, along with other sports fans, a chance to use the mobile app at Conte Forum and Alumni Stadium. This includes gaining access to an array of sporting games and prizes from the BC campus book store.
"We continually look for ways to expose our students and fans to new, innovative technologies," added Brad Bates, Boston College Athletic Director. "We look forward to working with looped in and welcome them as a new partner of Boston College Athletics."
The company launched looped in using a secure cloud-based operating platform hosted by Sungard Availability Services, and also uses the Federal ACH payment system to complete settlements among all parties involved.
PXT Payments was founded in 2004 and is a provider of electronic payment products. It has been processing debit transactions daily since 2006.
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