SYS-CON MEDIA Authors: Gilad Parann-Nissany, Michael Bushong, Eric Brown, Kevin Benedict, PR.com Newswire

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Boston College Joins Ranks of looped in(R) Schools

The Mobile Payment App Now Accepted at Conte Forum Concession Stands; to Celebrate, Sports Fans Score $5 When They Load Money, $2 Every Time They Spend

BOSTON, MA -- (Marketwired) -- 02/25/14 -- PXT Payments, provider of looped in, an electronic mobile payment system (watch the video), has partnered with Boston College Athletics and integrated its mobile payments system in Conte Forum, the venue for all Boston College basketball and hockey games. The venture squares off by offering money rewards for students, alumni, and sports fans at large at Conte Forum. The rewards can be used at the arena or around town at participating restaurants and stores.

"Having a full mobile payment system integrated into Conte Forum raises the bar for the user experience for a fast and easy alternative way to pay from a fan's mobile device," said Jamie DiLoreto, Associate Athletics Director of Athletics at Boston College. "We are pleased to enhance the partnership between BC Athletics and looped in and look forward to promoting the exciting incentive offer they are rolling out to fans."

looped in is integrated into Conte Forum's point-of-sale (POS) system, QuestVenueManager, so using the app is simple. When standing in line, fans will use their mobile number to pay instead of handing over a credit card. Then they simply key in a secure looped in PIN on their smartphones, and instantly receive a digital receipt. All Spring Semester, users will also receive instant money: The first time they load $10, they'll see a free $5 added to their balance, and the $5 load reward is given once a month after that. Every time users spend $5, they get another $2 free, instantly. The balance on the app home screen will immediately add the money rewards.

Some students at BC, and their parents, already think looped in is perfect for college students.

"I like paying with looped in because there are no security risks," said Emily Zlevor, a sophomore at Boston College. "When placing food orders over the phone, giving a restaurant my 10-digit phone number is easier, more convenient and safer than giving the restaurant my 16-digit debit card number."

looped in's full mobile payment system also appeals to Zlevor's mother, who especially likes the free friend-to-friend money transfer feature. "I can send Emily money safely through my looped in account by simply entering her phone number into the app," said Anne Zlevor. "It's the easiest system and most convenient way to electronically move funds."

Green, fast, and fun, the app ups the ante for the mobile pay user experience, as well as for universities implementing the system. "PXT Payments has been a valued marketing partner of Boston College Athletics over the past year," said Matt Murrey, vice president of marketing partnerships at Fenway Sports Management. "We are excited that Boston College has integrated the looped in mobile payments application in Conte Forum so BC basketball and hockey fans can now take advantage of this new technology when purchasing food and beverages at concession stands."

Fans at Conte Forum can also test out the app's group purchasing feature. Friends waiting in line together at a concession stand can send money for the food they want to one person's looped in account with the Friend to Friend free money send feature. By the time it's their turn, the one friend can pay for the whole order at once, getting them all back to their seats faster.

"There are many ways any school can use a mobile payment system, and all schools are different," said John Regan, CEO of PXT Payments. "We are excited to see which features become favorites at Boston College, and to help the college tailor the payment system to suit its campus culture."

ABOUT looped in and PXT Payments:
looped in
is a complete electronic payment system that combines the convenience of a mobile application with the simple transparency of a cash transaction. With looped in, consumers can transact both online and in line with PIN-based security, redeem offers as part of a transaction, send friends deals they're not using and instantly send friends money. looped in offers merchants features that strengthen customer loyalty, reduce risk and eliminate the complexities that come with other electronic payment methods. It is truly a social payments product. Founded in 2004, PXT Payments has been processing electronic payment transactions since 2005. PXT Payments has redefined payments through its social payment product, looped in.

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