The best examples blur the line between payment and participation. A closed-loop card might double as an access pass, a member ID, or a loyalty tracker. That level of integration deepens engagement.

The credit card company has carved a niche by focusing on affluent consumers and operating a closed-loop payment system. The consumer lending segment faces risks from economic fluctuations ...

The recent approval of the payments use-case for closed loop digital wallets by The ... provides seamless integration of real-time payment (RTP) systems from The House and FedNow enabling ...