Boston Business Journal – 10/17/13: A Boston-area entrepreneur is using Kickstarter to drum up excitement for new mobile payments technology that will let consumers store credit cards on a smart phone and use it to pay at most retailers. Winchester resident Will Graylin and his Miami-based business partner, George Wallner, have invested about $4 million of their own money in the “mobile wallet” technology, dubbed Loop. Their Woburn-based company of the same name is aiming to raise $100,000 on Kickstarter by early November, but the crowdfunding campaign is also being used as a marketing tool and a pseudo focus group, Graylin said.
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