Loop is a developer of online payment platform intended to use a crypto-base. The company offers a smart solution that enables autopay for non-custodial wallets, enabling clients to use an efficient payment in a web3 world.Loop works similarly to traditional payments and uses a smart contract layer to process transactions on chain. Loop ingests requests to bill or pay a wallet and then processes those requests after checking that all validation and security parameters are met. Loop allows users to authorize automatic payments from an application of their choosing. This authorization can be for paying for a good or service whose details are agreed to and enforced by contracts living off-chain (e.g. terms of service), on-chain (e.g. smart contract), or somewhere in between. In all these cases, Loop preserves the trust assumption already present when agreeing to goods and services with the end application.

Loop Crypto

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