InComm Patents "Value Insert" Solution

InComm, a leading prepaid product and transaction services company, announced today that InComm Japan has received a patent for its "Value Insert" Radio Frequency Identification (RFID) solution. InComm's new patent is for technology that makes reading an RFID card by a point-of-sale (POS) cash register more effective. RFID involves reading identifying information from chip tags with close range electromagnetic or radio communications. This technology can be applied in the service and retail industries.

"RFID technology continues to expand globally, and manufacturers, service providers and retailers are using it for distribution as well as payments," said Frank Monaco, Vice President, International, InComm. "RFID payment technology is advanced in Japan, so having our intellectual property recognized there is a significant accomplishment. We look forward to creating strategic partnerships with Japanese businesses interested in benefitting from the efficiencies our technology provides."