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InComm and Medagate to Launch Government Backed Medicare Products
Date:1/10/2010

InComm, the leader in sales and marketing of prepaid products and innovator of transaction processing, announced today that it has entered into an agreement with San Francisco based Medagate Corp to develop a new payment gateway leveraging InComm’s patented point-of-sale card activation network and Medagate’s card-issuing platform. The gateway will connect the issuing platform to InComm’s network of 150,000 retail locations, thus allowing Retailers and Program Managers to work together to create their own acceptance networks and turnkey prepaid card programs.

Atlanta, GA (Vocus) January 10, 2010 -- InComm, the leader in sales and marketing of prepaid products and innovator of transaction processing, announced today that it has entered into an agreement with San Francisco based Medagate Corp to develop a new payment gateway leveraging InComm’s patented point-of-sale card activation network and Medagate’s card-issuing platform. The gateway will connect the issuing platform to InComm’s network of 150,000 retail locations, thus allowing Retailers and Program Managers to work together to create their own acceptance networks and turnkey prepaid card programs.

“Developing this gateway with InComm is a natural fit,” said Devin Wade, Chief Executive Officer of Medagate Corp. “InComm has direct point-of-sale connections with thousands of their merchant clients, allowing our clients to team up with them and create their own mini-acceptance networks and programs. This is a first for the prepaid industry that has begun to encounter barriers with recent card programs responding to government regulations and a general demand for multi-retailer programs. Until now, the choices for a program manager or retailer were either a closed loop card issued by a single merchant and accepted by that same merchant, or an open loop card issued by a me
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InComm and Medagate to Launch Government Backed Medicare Products
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