Brussels-based Loyaltek Group, a company with deep expertise in the field of electronic terminals, payment, and loyalty cards, along with partners Mooncard and Visa has taken a giant leap for fintechs.
Orchestrated by Mooncard CEO Tristan Leteurte, a Loyaltek Group terminal was launched into space where it received and processed a €45 transaction to independent hotel Saint-Sauveur Hotel (Blankenberge, BE).
Three of Loyaltek’s companies – Paynovate, LoyalPay, and Fintronik – were part of this space mission.
Mooncard is a corporate payment card that automates the management of expense claims and business expenses.
Details about this transaction
According to a statement by the company, the transaction happened 37,074 kilometers above Earth with collaboration between England’s stratospheric launch experts Sent Into Space and Loyaltek’s terminals specialist LoyalPay.
Based in Sheffield, UK, Sent Into Space are the Near Space launch experts, working to deliver unique marketing/advertising campaigns set in the backdrop of space.
Robert Masse, Loyaltek’s CEO and Global Manager for product, design, and innovation of Sent Into Space, developed an articulated arm that initiated a contactless payment sequence on LoyalPay’s 9220 terminal.
The companies have released the followed video where the entire action was captured:
About Loyaltek Group
The company wants to help people benefit from a better financial system. Loyaltek offers four products to help process funds easily, efficiently, and securely. They include LoyalPay, a mobile Point-of-Sales product that offers custom API to merchants, hoteliers, and restaurateurs alike.
Similarly, corporate payments to these sectors can be made easy with Mooncard (powered by Loyaltek Group’s Fintronik division) and can have their processing and acquiring handled seamlessly by Loyaltek’s Paynovate division. Giftify is the other Loyaltek product that helps accelerate marketing through gift card campaigns.
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