PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

InComm Brings Gift Card Activation Technology to Japan

Mercator Advisory Group by Mercator Advisory Group
August 12, 2011
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

InComm, a gift card marketing and distribution company based in Atlanta, announced Aug. 2 that it has launched its point of sale activation technology at Toys’R’Us Japan. Point of sale activation means that a gift card is activated when a purchaser brings it to the cash register to make a purchase. When the cashier swipes the card through a terminal, that terminal sends an activation request to the issuer, who then authorizes it for use. The technology has been in use by InComm since 1993.

The agreement with Toys’R’Us Japan will allow the store to sell Nintendo and iTunes gift cards on j-hooks. This will give

Nintendo prepaid game cards can be used to purchase game software for the Wii, Nintendo DSi or Nintendo 3DS™. The iTunes cards are predominantly used for the purchase of music, movies, games, and applications through the iTunes store. The POSA technology allows Toys”R”Us Japan to carry inventory and display cards without the risk of theft since the inventory is not active until after the purchase is completed.

The release says that Toys’R’Us Japan will gradually expand the types of cards that it offers. This move will help raise the profile of gift cards in Japan, where people have traditionally preferred cash to other forms of payment. With the growth of virtual good and digital content, the cards give customers who might otherwise want to pay with cash a way to buy these items over the Internet without credit or debit cards.

Read the complete press release here: http://incomm.com/uploadedFiles/InComm/About_Us/news/InCommJapanTRUFINAL080211.pdf

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023
    visa chargeback

    New Visa Chargeback Guidelines Will Be a Game Changer

    March 15, 2023
    liquidity management

    Liquidity Management Takes on Increasing Importance in Uncertain Economic Times

    March 14, 2023
    payments

    Key Challenges from Growing Payment Methods and Volume

    March 13, 2023
    Data Governance is a Journey, financial data

    How FIs Can Power Their Operations with a Modern Data Architecture

    March 10, 2023
    ISO 20022

    How Banks Can Realize Business Benefits and Reduce Payments Fraud With ISO 20022

    March 9, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Autorek complimentary report: Payments Industry Outlook 2023: