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InComm adds Visa ReadyLink to Walmart's Rapid Reload network.

BANKING AND CREDIT NEWS-March 17, 2015-InComm adds Visa ReadyLink to Walmart's Rapid Reload network

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InComm said it has integrated Visa (NYSE: V) ReadyLink into Walmart's (NYSE: WMT) Rapid Reload network of prepaid card programs. Holders of Visa ReadyLink cards can now add funds to their general purpose reloadable cards at participating Walmart stores with a cost-effective, secure reload solution.

InComm's vice president and general manager of Financial Services Jeff Lewis said, "The integration of Visa ReadyLink with Walmart's Rapid Reload delivers on InComm's vision to expand the swipe reload technology and streamline the customer experience at the register, simplify the sales process for employees and increase retail foot traffic."

InComm said Walmart's Rapid Reload serves a multitude of GPR cards and prepaid programs, empowering millions of customers with the ability to reload their cards with a simple swipe directly at the register, eliminating the need for a multi-step process of purchase and subsequent redemption of a separate reload pack. Visa ReadyLink serves over 100 prepaid programs, which further expands Walmart's Rapid Reload consumer base. Customers can add funds to their cards using cash or check for a USD3.74 reload fee.

InComm is a provider of integrated point-of-sale (POS) technology solutions to retailers. For additional information, visit http://www.incomm.com.

Visa is a financial services corporation and a leading global payments technology company. Learn more at http://www.usa.visa.com.

Walmart is a retail corporation that operates a chain of discount department stores and warehouse stores. Learn more at http://www.walmart.com.

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Publication:M2 Banking & Credit News (BCN)
Date:Mar 17, 2015
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