Loyaltek Group Technology Supports Record-Breaking Payment In Space
Brussels – October 6, 2021
Alongside partners Mooncard (France-based smart corporate cards) and Visa (international card scheme), Belgian scale-up Loyaltek Group has taken a small step for man and a giant leap for fintechs. Three out of four Loyaltek Group companies (Paynovate, LoyalPay, and Fintronik) were integral to the success of this historic space mission. Orchestrated by Tristan Leteurte (Mooncard CEO), a Loyaltek Group terminal was successfully launched into space where it received and processed a €45 euro transaction to independent hotel Saint-Sauveur Hotel (Blankenberge, BE).
The transaction in question took place 37.074 kilometers above the Earth’s surface and required weeks of collaboration between stratospheric launch experts Sent Into Space and Loyaltek’s terminals specialist LoyalPay. Under the close supervision of CEO Robert Masse and Global Manager for Product, Design and Innovation Sacha de Diego Bravo, Sent Into Space developed an articulated arm capable of holding steady during the launch and initiating a contactless payment sequence on LoyalPay’s now-iconic 9220 terminal.
As international economies recover from the aftershocks of the pandemic, savvy businesses are looking for low-touch transformations for their technology with contactless payments raising in France alone at a rate of 50% since the end of their first lockdown. With this deceptively-simple action in space, Loyaltek, Mooncard, and Visa have jointly proved the effectiveness of contactless payments under even the most unexpected circumstances. Likewise, the LoyalPay terminal in question is Mobile Point-of-Sales ready meaning that with a custom API, clunky computers and iPads can be a thing of the past for merchants, hoteliers, and restauranteurs alike. Likewise, corporate payments to these exact sectors can be made effortlessly easy with Mooncard (powered by Loyaltek Group’s Fintronik division) and can have their processing and acquiring handled seamlessly by Loyaltek Group’s Paynovate division.
Choosing to prove the power of contactless cards – and specifically smart corporate cards – in this manner also served as an homage to the name ‘Mooncard’, as well as founder Tristan’s lifelong interest in space and technology. So, to the future of payments processing the Loyaltek Group says – only the stratosphere is the limit!
Video Assets
Official Launch Video
www.youtube.com/watch?v=1q34T-p0Xh0
Behind-the-Scenes at Sent Into Space HQ (Sheffield, England):
www.youtube.com/watch?v=Nq_O2p5JrFY
Product Enquiries
For enquiries concerning LoyalPay terminals, please contact info@loyaltek.com
For enquiries concerning issuing, acquiring, core banking, and fintech infrastructure, please contact info@paynovate.com
For enquiries concerning corporate/consumer cards and card processing infrastructure, please contact info@fintronik.com
About Loyaltek Group
The Loyaltek Group is dedicated to helping people benefit from a better financial system. Whether you work with our acquiring and issuing specialist Paynovate, use LoyalPay as a terminal provider, boost your marketing through gift card campaigns with Giftify, or choose Fintronik for custom processing and payment card infrastructure, the Loyaltek Group is here to process funds the best way possible: easily, efficiently, and securely.
