InComm Launches MyVanilla® Prepaid Mastercard® on Fitbit Pay and Garmin Pay, Develops Proprietary Technology to Deliver NFC Capabilities to Retailers
ATLANTA, May 7, 2019 /PRNewswire/ — InComm, a leading payments technology company, today announced the launch of two new service offerings. The company’s MyVanilla® Prepaid Mastercard®, a general purpose reloadable (GPR) prepaid card, is now compatible with Fitbit Pay and Garmin Pay mobile wallet applications. Additionally, InComm is bringing near-field communication (NFC) capabilities to retailers in its payments network, which will enable stores to provide tap-to-reload options to consumers using their MyVanilla Card on mobile wallets.
“The payments industry is steadily moving toward a digital ecosystem, and we are ensuring both consumers and our retail partners are ready for this change,” said Michael Parlotto, Vice President of Emerging Technologies at InComm. “Bringing MyVanilla to Fitbit Pay and Garmin Pay allows consumers to quickly and confidently use their prepaid cards on the go. Moreover, our launch of tap-to-reload capabilities expands our suite of payment processing tools to include full lifecycle management of the mobile payments ecosystem, from provisioning capabilities to reload processing.”
MyVanilla Mastercard on Fitbit Pay and Garmin Pay
Consumers can now make payments with their MyVanilla Prepaid Mastercard cards through compatible Fitbit and Garmin wearable devices and their respective mobile wallets.
To ensure secure payment transactions, MyVanilla card account information is never stored directly on the wearable device itself. Instead, device-specific tokens are generated to process transactions without exposing the user’s actual card number. This secure setup ensures MyVanilla consumers can confidently pay with their wearable devices in stores wherever Mastercard contactless payments are accepted.
Fitbit devices currently compatible with MyVanilla include the Fitbit Charge 3™, Fitbit Ionic™ and Fitbit Versa™ models. Garmin devices currently compatible with MyVanilla include the Garmin D2™ Delta, Garmin fenix 5, Garmin Forerunner 645 and Garmin vivoactive 3 models.
Innovating at the Point of Sale with Contactless Payments
InComm’s roll out of NFC capabilities to retailer point-of-sale systems will enable consumers to use cash to reload their MyVanilla Card with a simple tap of their mobile phone at the register.
NFC allows two devices to interact with each other when they are in close proximity. The technology is typically associated with contactless payments conducted between retailer point-of-sale terminals and consumer mobile wallet smartphone applications. Through this capability, MyVanilla consumers who store their Card on a mobile wallet smartphone app can reload funds by tapping the POS terminal with their phone. The result is a seamless experience for the consumer as the transaction is processed within seconds by retailers integrated with InComm’s payment network.
With this proprietary technology, InComm is empowering its retail partners to embrace the shift towards card-less and contactless payments. In turn, retailers will be positioned to drive in-store traffic by offering their customers an end-to-end payments experience, from purchasing a prepaid card to spending and reloading it in the future.
For more information about InComm, visit www.InComm.com.
By building more value into every transaction through innovative payment technologies, InComm creates seamless and valuable commerce experiences. InComm’s unique products and services – which range from gift card malls to enhanced payment platforms – connect companies across a wide range of industries including retail, healthcare, tolling & transit, incentives and financial services to an ever-expanding consumer base. With more than 25 years of experience, over 500,000 points of distribution, 369 global patents and a presence in more than 30 countries, InComm leads the payments industry from its headquarters in Atlanta, Ga. Learn more at www.InComm.com.
*The MyVanilla Prepaid Mastercard is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The Bancorp Bank: Member FDIC. The card may be used everywhere Debit Mastercard is accepted.
Corporate Marketing Communications Manager