InComm to Showcase Innovative Payment Switching Solution at NRF 2016
InComm Switch delivers state-of-the-art payment processing from start to finish
InComm Switch delivers state-of-the-art payment processing from start to finish
ATLANTA, Jan. 14, 2016 /PRNewswire/ -- InComm, a leading prepaid product and transaction services company, will be showcasing its innovative payment switching solution at the NRF National Convention & Expo in New York City on Jan. 17-20, 2016 (booth #4049). The company will highlight InComm Switch, its transaction processing solution for retailers of all sizes and market segments, which has demonstrated significant growth across various retail sectors in recent years.
"We are excited to showcase InComm Switch at Retail's BIG Show this year alongside other company offerings from InComm Health & Affinity and InComm Product Control," said Terry Richards, President of InComm's OLS subsidiary. "This event is also a time for us to celebrate a strong beginning to the New Year. We've been selected as the key solution provider for two new major accounts."
InComm Switch is available in traditional licensed and software-as-a-service models. It's readily adaptable and deployable to meet a wide variety of retailer transaction processing needs. These include core payment processing responsibilities like Credit, PIN Debit, EBT, FSA/HSA and Electronic Check Acceptance. InComm Switch is fully PA-DSS 3.0-compliant. EMV processing is fully supported and can be augmented with its "In-Store Switch" component to help reduce the burden on store system developers. Notably, InComm uses the switch technology internally to handle the holiday season surges of gift card activations and redemptions.
Beyond core payments, one of the largest pharmacy chains in the United States uses InComm Switch to handle a daily load of up to five million Rx adjudication requests. It powers a 90 million member-strong loyalty program including complete line-level market basket analysis transactions. InComm Switch is also the engine that powers InComm's Enhanced Payment Platform ('EPP'), also known as 'OTCNetwork,' the first national over-the-counter ('OTC') benefits disbursement and redemption network.
More information can be found on the InComm Switch website and at booth #4049 at the NFR Annual Convention & Expo in New York City on January 17-20, 2016.
About InComm
InComm is a leading global technology enabled network facilitating prepaid commerce and technology solution services. Since our founding in 1992, we have established an omnichannel commerce network that connects our distribution partners with our products and services partners and consumers through over 450,000 physical locations, as well as through digital channels, including online, mobile and social. With 186 global patents, InComm is headquartered in Atlanta with a presence in over 30 countries in North and South America, Europe and the Asia-Pacific region. Learn more at www.incomm.com or connect with us on www.twitter.com/incomm, www.facebook.com/incomm, www.linkedin.com/company/incomm or www.incomm.com/blog.
About OLS
On-Line Strategies (known as OLS since 1996) is a software and services company focused on retail payments processing and related consumer-centric capabilities. Retailers, financial services providers, pharmacies, insurance companies, healthcare providers and payers, energy companies, business partners and more, rely on OLS for secure payment systems with integrated capabilities for customer loyalty, mobile payments, eCheck, eWallet, eCoupons, and numerous cutting-edge payment options for today's technology savvy consumers. The company was purchased by InComm, the world leader in prepaid card and related transaction processing technologies, in August 2012, and operates as On-Line Strategies Services LLC, a stand-alone, wholly-owned subsidiary.
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SOURCE InComm
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