How they describe themselves: InComm is the industry leading marketer, distributor and technology innovator of stored-value gift and prepaid products, using its state-of-the-art, point-of-sale transaction technology and payment solutions to revolutionize retail product sales and customer experiences. With more than $13 billion in retail sales transactions processed in 2010, InComm is the nation’s largest provider of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software and bill payment solutions. InComm partners with consumer brand leaders around the world to provide more than 225,000 retail locations the products and services their customers demand.
How they describe their product/innovation: InComm’s innovation is a mobile commerce platform that will deliver promotion, loyalty, and general payment solutions to national merchants and their customers. This will differ from other mobile wallet platforms in that the solution will tailor to the retailer’s needs, providing a merchant-branded environment and thus, the ability to be directly involved in the consumer’s wallet experience. When combined with loyalty and gifting, merchants will have a fully functional application that simplifies the consumer’s life, reducing the need for magnetic swipe technology and harboring next generation technologies such as near field communication.