SEOUL, South Korea, Oct. 8, 2013 /PRNewswire/ -- InComm, a leading prepaid product and transaction services company, has teamed up with SK Telink and Galaxia Communications to launch International Calling Cards at CU in the South Korean market. The cards are now available for purchase at CU retail locations nationwide.
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InComm has launched POSA cards at CU in May, and CU is the first convenience store chain which has expanded its POSA business nationwide in Korea. CU is currently selling the KT Wifi Card, Nexon Card, Funny Card, SK Telink Calling Card and a Mobile Recharge Card, with new products being introduced on an ongoing basis.
"InComm is pleased to expand its product offerings into South Korea with CU, a leading convenience store chain in Korea," said Frank Monaco, SVP of International, InComm. "We are committed to working with CU to provide consumers a simple and secure shopping experience."
The prepaid and gift card industry is in its early stages in Korea, but it is very popular in the global market. InComm is a leader in the global prepaid card distribution industry and is selling various premium prepaid products such as Apple, Google, Facebook, Microsoft, Starbucks, Amazon and Nintendo, with various merchant partners like Walmart, Target and Best Buy.
InComm's POSA technology allows retailers to activate prepaid cards at the point-of-sale, eliminating the risk and cumbersome control procedures required for maintaining an inventory of value bearing cards. It also allows prepaid cards to be displayed for sale without the risk of theft and shrinkage. Using this POSA technology, card issuers also have the valuable opportunity to leverage card design in marketing the cards.
About InComm
InComm is a leading provider of cutting-edge prepaid products, services and transaction technologies to retailers, brands and consumers. InComm supports more than 400,000 points of distribution and helps retailers build prepaid card destinations, connects brands with new markets and gives consumers a simple, secure shopping experience. InComm stays ahead of emerging trends by analyzing market needs and leveraging its global, innovative commerce platform, go-to-market expertise and extensive partner relationships. With 123 global patents, InComm is headquartered in Atlanta and has offices in North and South America, Europe and the Asia-Pacific region. For more information, visit www.incomm.com or follow us on Twitter at www.twitter.com/incomm.
