“You’ll actually get an immediate closed loop effect by just making a plan for one of these days,” Moody said in the episode.

Payments ecosystems are often categorized as either closed-loop or open-loop systems, each with distinct advantages and limitations. Closed-loop systems, such as single-provider mobile wallets like ...

Modern businesses don’t suffer from a lack of payment options; they suffer from a lack of control they have over payment experiences. Open-loop payments get the job done. But they’re built to serve ...