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InComm acquires GroupCard to expand social network gifting

Monday 3 May 2010 11:40 CET | News

InComm, a provider of transaction processing services and distributor of prepaid products, has purchased GroupCard, a developer of social gifting applications on Facebook.

The purchase is set to provide Facebook users with online gift card and social payment services. In addition, e-commerce services providers as well as retailers gain the ability to sell and distribute their gift cards online. Using the system, retailers can roll out prepaid gift card programs by adding the GroupCard application to their existing websites and Facebook pages.

InComm is a US-based distributor of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software as well as bill payment services.

 


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Keywords: InComm, GroupCard, prepaid gift card, Facebook
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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