ATLANTA, March 1, 2012 /PRNewswire/ -- InComm, a leading prepaid product and transaction services company, announced today that InComm Japan has received a patent for its "Value Insert" Radio Frequency Identification (RFID) solution.
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InComm's new patent is for technology that makes reading an RFID card by a point-of-sale (POS) cash register more effective. RFID involves reading identifying information from chip tags with close range electromagnetic or radio communications. This technology can be applied in the service and retail industries.
"RFID technology continues to expand globally, and manufacturers, service providers and retailers are using it for distribution as well as payments," said Frank Monaco, Vice President, International, InComm. "RFID payment technology is advanced in Japan, so having our intellectual property recognized there is a significant accomplishment. We look forward to creating strategic partnerships with Japanese businesses interested in benefitting from the efficiencies our technology provides."
InComm plans to expand its RFID services, including assisting companies building their own RFID card-related businesses.
About InComm:
InComm is an 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 approximately $15 billion in retail sales transactions processed in 2011, 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 approximately 250,000 retail locations the products and services their customers demand. Since 1992, InComm's patented technologies have made the buying process easier for consumers, while streamlining the selling process for product and retail partners. InComm is headquartered in Atlanta with offices in Australia/New Zealand, Brazil, Canada, Japan, Mexico, Puerto Rico, the United Kingdom, Arkansas, California, Colorado, Florida, Georgia, Illinois, Minnesota, Oregon, Tennessee, Utah and Wisconsin. To learn more about InComm, visit www.incomm.com or call (800) 352-3084.
SOURCE InComm
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