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incomm.com

Founded Year

1992

Stage

Private Equity | Alive

Mosaic Score

+380 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About InComm

InComm provides prepaid products, services and transaction technologies to retailers, brands and consumers. InComm supports retail locations in building prepaid card destinations, connects brands with new markets and gives consumers a simple, secure shopping experience.

InComm Headquarters Location

250 Williams Street NW

Atlanta, Georgia, 30303,

United States

+1 770 240 6100

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Expert Collections containing InComm

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

InComm is included in 1 Expert Collection, including Fintech.

F

Fintech

7,442 items

US-based companies

InComm Patents

InComm has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/5/2008

12/4/2012

Computer memory, IBM mainframe operating systems, Embedded systems, Netbooks, Gate arrays

Grant

Application Date

3/5/2008

Grant Date

12/4/2012

Title

Related Topics

Computer memory, IBM mainframe operating systems, Embedded systems, Netbooks, Gate arrays

Status

Grant

Latest InComm News

07:45 EDT Brazil Gift Card and Incentive Card Market Report 2022: Market is Expected to Grow by 14.3% to Reach $5.87 Billion in ...

Aug 16, 2022

News provided by Share this article Share this article Brazil's gift card industry is expected to grow by 14.3% on annual basis to reach US$5877.4 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Brazil remains strong. The gift card industry in Brazil is expected to grow steadily in H1 2022 and record a strong growth in H2 2022. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 12.1% during 2022-2026. The gift card market in the country will increase from US$5141.8 million in 2021 to reach US$9270.8 million by 2026. Cash is ceding ground to innovative gift cards in Brazil While cash still remains the most dominant payment method in Brazil, where it accounts for more than a third of the payments, alternative payment methods such as gift cards are gaining market share quite rapidly. Over the last four to eight quarters, the popularity of gift cards increased significantly; primarily due to the growing shift towards online shopping among consumers. While in markets such as the United States, United Kingdom, and India, where gift cards are often used for gifting, Brazil is the market where consumers buy gift cards for themselves. Notably, consumers have cited convenience as one of the major factors for using gift cards to complete their offline and online purchases in the country. Brazilian culture is another reason why cash is ceding ground to gift cards in Brazil. By and large, Brazil is a prepaid country. Consumers use prepaid cards (gift cards) for almost everything. Around 55% of the mobile phones are prepaid, transportation cards are prepaid, and even meal vouchers are prepaid. Moreover, gift card penetration is also rising because of the low usage of credit cards in Brazil. Payment technology firms are launching innovative gift card platforms for consumers in Brazil As more and more consumers are shifting towards digital payment methods such as gift cards, payment technology companies are launching innovative gift card platforms for consumers in Brazil. In April 2021, InComm Payments, a payments firm, announced the launch of its full-service gift card mall, TheGiftCardShop.com. The new platform will allow consumers in Brazil to select and shop from a wide range of innovative gift cards. Moreover, the platform also allows consumers to send gift cards directly to friends and families through digital channels such as emails. The platform offers gift cards from more than 100 brands across categories such as restaurant, entertainment, sports, home goods, and travel brands. For further enhancing the user experience, InComm Payments gift cards powered by American Express, Visa, and MasterCard are also loadable into mobile wallets such as Google Pay, Apple Pay, and Samsung Pay, thereby making it much easier and secure for consumers to make purchases anywhere, anytime. Such innovative gift cards solution and value-added services offered by gift card providers are driving the growth of the industry in Brazil and are expected to continue to drive market growth over the next four to eight quarters. Todo Cartoes launches first incentive e-commerce in Brazil Innovation is one of the major factors that is driving the growth of the gift card industry in Brazil. To further boost the growth, gift card providers are innovating with their product and service offering by convenient, and hassle-free way to shop gift cards. With the incentive gift card market is gaining rapid adoption in Brazil over the last few quarters, gift card providers are launching the incentive e-commerce platform in the country. In October 2021, Todo Cartoes, one of the leading gift card players in the country, announced that the firm launched the first incentive e-commerce platform for corporates in Brazil. Notably, the e-commerce platform makes it easier for corporates and brands to connect directly with each other, thereby simplifying the buying and distribution process. This platform reduces the entire process to a couple of days, which previously used to take several days. Restaurant chains are partnering with gift card providers to maximize sales in Brazil Consumers are mostly looking for a good shopping experience and payment terms in Brazil. With this in mind, retailers and merchants are partnering with gift card providers to better engage with their customers in Brazil. Outback, a restaurant chain in Brazil, entered into a strategic partnership with Todo Cartoes to provide a unique experience, dubbed as Outback moment, for customers in the country. Notably, the Todo Cartoes helped the firm create an Outback gift card which has been designed as an experience. For instance, When the customers are presented with a gift card from the network, they also receive an Outback moment, which can be used by the consumers to consume any product on the menu for that particular value. This creates a unique experience for the customers. Notably, this is different from a freebie, as it allows the customers to decide what they want to enjoy as a gift. Even during the 2020 Pandemic Black Friday, when restaurants were facing a drop in numbers like most other businesses, the gift card from Todo Cartoes helped Outback to generate revenue, with more than 1,200 consumers serviced in just two days of the sale. Scope Casino Guichard-Perrachon SA

InComm Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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InComm Rank

  • When was InComm founded?

    InComm was founded in 1992.

  • Where is InComm's headquarters?

    InComm's headquarters is located at 250 Williams Street NW, Atlanta.

  • What is InComm's latest funding round?

    InComm's latest funding round is Private Equity.

  • Who are the investors of InComm?

    Investors of InComm include Warburg Pincus, Intel Capital, Noro-Moseley Partners and Ballast Point Ventures.

  • Who are InComm's competitors?

    Competitors of InComm include Card Assets and 1 more.

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