The credit network for checkout
Turn any debit card purchase into an instant loan.
Loop's decision engine runs inside your bank, pre-approves its existing account holders, and converts their card purchases into EMI at the point of sale. Funded by the bank, settled to the merchant same day.
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Customer is pre-approved
Pay Later
nothing for 30 days
3 months
12% p.a. · total $1,030
6 months
10% p.a. · total $1,055
9 months
9% p.a. · total $1,068
12 monthsPOPULAR
8% p.a. · total $1,085
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Confirm the EMI plan
Review with the customer before charging
SELECTED PLAN
$90/month × 12
12 months · 8% p.a. · total $1,085
Purchase amount$1,000
Financed$1,000
Interest$80
Processing fee$5
Total payable$1,085
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LOAN AGREEMENTReview & agree
Please read the terms before the loan is confirmed.
THE CREDIT
$1,000 purchase, financed by Harbor Bank through Loop.
THE PLAN
12 months · 8% p.a. · total $1,085.
REPAYMENT
12 monthly installments of about $90, auto-debited.
FEES
A one-time $5 processing fee is charged today.
PRE-CLOSURE
Pay off early anytime from the Loop app.
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Purchase approved
EMI plan activated
Customer$90/month × 12
Merchant$995 at T+1
Harbor Bank$1,000 originated
Completed in42 seconds
Purchase$1,000
Down paymentNone
Charged today$5
NO CREDIT CARD NEEDED
A decision engine that lives inside the bank.
Loop Node, our decision engine, is deployed in the issuing bank's own cloud or environment. It reads millions of financial and non-financial data points across the bank's existing account holders and returns a filtered, scored list of creditworthy customers.
When one of those customers pays with a debit card at a Loop-enabled merchant, the purchase is converted into an instant loan at the POS.
INSIDE THE BANK'S ENVIRONMENT
01
Scan account holders
Millions of financial and non-financial data points. Customer data stays with the bank.
02
Score and pre-approve
A filtered list of creditworthy customers, each with a score and limit set by the bank.
03
Debit purchase becomes an instant loan
At a Loop-enabled POS, the customer taps a debit card and chooses EMI. No credit card required.
One network, three sides.
Merchants get sales, banks get demand and pre-scored account holders, customers get transparent credit. Loop is the layer that connects them at the moment of intent.
For Customers
Pre-approved by your bank. Pay by debit card, choose EMI. No credit card needed.
Explore for customers →
How the network works
From tap to funded loan in seconds.
01
Tap to check out
Customer pays at a Loop-enabled terminal, in-store or online.
02
Instant pre-qualification
Loop checks the customer against every bank’s live credit box in real time.
03
Pick a plan
Customer chooses 3, 6, 9, or 12 months. Rate and total shown upfront.
04
Funded same day
The bank funds the loan; the merchant is settled in full, same day.
10+
Banks & lenders live on the network
10,000+
Merchant locations
94%
Instant approval rate
Built on bank-grade infrastructure
Every offer on the Loop network is underwritten by a licensed bank partner and moves over encrypted, audited infrastructure.
PCI DSS LEVEL 1
SOC 2 TYPE II
256-BIT ENCRYPTION
REGULATED BANK PARTNERS
Ready to put credit at the point of sale?
Merchants and banks are both welcome on the network.