PXT Payments Sponsors Boston College Athletics

Boston-based mobile payment provider PXT Payments has announced a deal with Fenway Sports Management that will see the company sponsor Boston College athletics.

Fans of BC’s sports teams will be able to use the looped in mobile payment app at Conte Forum and Alumni Stadium.

“Looped in mobile technology offers an innovative payment solution for both consumers and merchants,” said Matt Murrey, VP of Boston College marketing partnerships at Fenway Sports Management, in a statement. “They have essentially captured all the conveniences of cash on a mobile platform without any of the drawbacks.”

The looped-in mobile payment app gives users the ability not only to find deals and pay for purchases, but also to send money to friends and pool money for group buying.

“The college and young professional markets are naturals for our mobile payment and rewards system,” said John Regan, CEO of PXT Payments. “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.”