InComm and Unik Become Partners in Brazil
Partnership to Develop Local Prepaid Products with Top Product and Service Providers
ATLANTA, May 17, 2011 /PRNewswire/ -- InComm, the leader in sales and marketing of prepaid products, has entered into an agreement with Unik, a company specialized in the administration and processing of innovative ways of payment, to offer segments of the Brazilian retail market complete solutions to the management and promotion of prepaid card sales.
"Expanding our operations in Brazil with Unik, one of the leading payment innovators, affords us the ability to tap into a market that is experiencing exponential growth in the payments space," said Frank Monaco, vice president international at InComm. "InComm is committed to being a global leader within the prepaid gift and digital content categories, and opportunities like this allow us to build international momentum while establishing a value proposition for our content and local retail partners that is unrivaled in the industry today."
By partnering with a leading organization already connected to Brazil's top retail and point-of-sale systems providers, InComm expects to gain local support from a company with years of success in the Brazilian payments market and to make it even easier for the Brazilian retailers to implement InComm's patented point-of-sale activation technology. The companies and local retailers that process their prepaid cards with Unik will be able to create and distribute gift cards to their own stores as well as to InComm's retail partner stores.
"Unik issued and processed more than three million gift and rechargeable prepaid cards for use in the retail chain last year and is connected to nearly 30,000 retailers' points of sale across the country," said Jose Roberto Kracochansky, general director of Unik. "With this partnership, retailers will have the opportunity to have their own gift and prepaid cards and also offer a large suite of prepaid card products from InComm's partners to their customers."
About InComm:
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 nearly $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. 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, Minnesota, Oregon, and Texas. To learn more about InComm, visit www.incomm.com or call (800) 352-3084.
About Unik:
Starting in 1999, Unik is a Brazilian pioneer company of innovative payment solutions development. In partnership with the biggest Brazilian employers and leading retailers, Unik provides a complete payment cards portfolio including payroll, gift, incentive, reloadable and bill payment solutions.
To learn more about Unik, visit www.unik.com.br or call (0800) 703 2275
SOURCE InComm
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