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September 05, 2015 11:36 AM ET

Internet Software and Services

Company Overview of InComm, Inc.

Company Overview

InComm, Inc. provides prepaid and payment solutions in the United States and internationally. It offers Cashtie technology that allows consumers to pay bills or send money transfers securely with cash; InComm Product Control, which enables retailers to track and authorize the sale and return of their products; and MyVanilla, a reloadable, prepaid debit card that features text and email alerts, direct deposit, and money transfers. Its technology helps to form a new brand of commerce that includes gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, and various payment solutions. The company also provides technical integration, digital delivery, product desig...

250 Williams Street

Suite M-100

Atlanta, GA 30303

United States

Founded in 1992

Phone:

404-522-1127

Fax:

404-601-1000

Key Executives for InComm, Inc.

Chief Executive Officer and President
Chief Operating Officer and Chief Financial Officer
Age: 46
Executive Vice President
Joint Managing Director of Australia and New Zealand operations
Joint Managing Directors of Australia & New Zealand operation
Compensation as of Fiscal Year 2015.

InComm, Inc. Key Developments

InComm and Gemalto Deliver Secure Prepaid Mobile NFC Payments

InComm and Gemalto announced a strategic initiative to offer secure prepaid mobile NFC payment. The InComm Mobile Platform (IMP) enables mobile wallet providers and merchants to streamline the deployment of prepaid contactless payments. InComm is leveraging Gemalto's infrastructure to securely pass prepaid card information from InComm's platform to the consumer's NFC-enabled mobile device. The credential management is powered by the dedicated Allynis Trusted Services Hub [3] (TSH) and enables the consumer to immediately use their prepaid card for fast and convenient mobile payments at participating retailers.

CardCash.Com Enters into Partnership Agreement with InComm

CardCash.com announced that it has entered into a partnership agreement with InComm. The relationship will allow CardCash to integrate its online gift card exchange with thousands of InComm's retail partner locations across the country. Teaming up with the prepaid industry leader provides an unbelievable boost to the business and gives customers the opportunity to unlock even more value from their unused gift cards. CardCash.com provides a simple and secure online exchange that helps consumers convert their unused cards into cash for as much as 97% of face value. Those in the market for gift cards, meanwhile, can buy credit to top national brands at a discount as high as 40%.

InComm Launches Platform for Mobile Wallet Providers

InComm announced the launch of InComm Mobile Platform (IMP) for mobile wallet providers and merchants. IMP integrates with multiple platforms to provide a full-breadth of capabilities required to process mobile payments made using prepaid cards at retail POS. The platform also enables InComm to develop and host mobile applications for merchants and partners. Canadian communications and media company Rogers is the first company to leverage IMP for development of the recently launched suretap(TM) wallet. IMP supports consumer payments based on Near Field Communication (NFC) at the retail POS and account top-up through traditional credit and debit cards. Through a technology partnership, InComm created a Service Provider Trusted Services Manager (TSM) solution, allowing prepaid card information to securely pass from the issuing platform and then be provisioned on mobile devices. The InComm Mobile Platform acts as the hub for all inbound and outbound messaging requests related to the prepaid products in a mobile wallet. This includes integrations to InComm's internal systems and more than seven partner systems for switching and processing a wide array of transactions, including card provisioning, card reloads, buying and sending digital cards, and many other traditional consumer functions. The platform provides a wide array of reporting services for billing, reconciliation and customer analytics, and because it was built with a highly configurable use case orchestration system and business rules engine, it can easily adapt to changing market demands. Further, InComm provides prepaid card processing that manages the balances and transactions of card accounts. The prepaid processing platform supports the creation of prepaid debit card accounts, the generation of track data, the funding of accounts, balance inquiries and transaction history. InComm also provides fraud management services for monitoring unusual activity and addressing potential issues. InComm Mobile Platform Benefits Include: Configurable functions, Interchangeable partner systems, Transaction routing, NFC enablement, NFC card provisioning and Credit/debit card provisioning.

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