About Loopit
Loopit is a software-as-a-service (SaaS) platform based in Sydney, Australia that helps automakers, dealerships, rental companies, and fleet operators run car subscription, rental, and recurring mobility programs. Through loopit.co, businesses can manage vehicle inventory, subscription plans, pricing, billing, customer onboarding, and fleet utilization from a single dashboard. The platform is typically used by business customers (B2B) rather than individual drivers, and charges are usually associated with software licenses, usage fees, or related professional services outlined in a service agreement or contract.
A Loopit charge may appear on your bank or card statement if your company has an active Loopit subscription or has recently signed up for a vehicle subscription or fleet management program that uses Loopit on the back end. Common scenarios include recurring monthly or annual software subscription fees, per-vehicle or per-location usage fees, implementation or onboarding charges, and overage or add-on module fees. You may also see temporary authorization holds when adding or updating a payment method, as Loopit (or its payment processor) verifies your card details; these typically fall off automatically and are not completed transactions.
If you’re unsure about a Loopit charge, first log into your Loopit account (or ask your company’s system or finance administrator) and review the Billing or Invoices section for a matching amount and date. Compare the charge to any recent contract changes, added vehicles, new locations, or feature add-ons, and check the invoice or service agreement for billing frequency and taxes. If questions remain, use the contact options listed on the invoice or visit loopit.co to reach their sales or support team, referencing your company name, account ID, and invoice number so they can quickly locate the transaction. For unresolved or unknown charges, you can also ask your internal finance team whether another employee or department set up the Loopit account using your card details.