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MyVanilla Launches on Mobile Wallets for Payment Convenience this Holiday Season

Press Release from InComm

ATLANTA, Nov. 28, 2017 /PRNewswire/ -- InComm, a leading prepaid product and payments technology company, today announced the launch of its general purpose reloadable (GPR) card program, MyVanilla Prepaid Mastercard and MyVanilla Prepaid Visa Cards, on select mobile wallets. These applications will allow consumers to make payments with their MyVanilla Cards conveniently with a touch of their phones just in time for the busy holiday shopping season.

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MyVanilla Launches on Mobile Wallets for Payment Convenience this Holiday Season

With this launch, MyVanilla customers in the U.S. will be able to use select mobile wallets to pay for purchases where contactless payments are accepted. MyVanilla Prepaid Mastercard customers will be able to load their cards onto Apple Pay and Samsung Pay. MyVanilla Prepaid Visa Card customers will be able to load their cards onto Apple Pay, Samsung Pay and Android Pay.

The mobile wallet platforms use a token service to ensure transaction security. Each transaction is authorized with a one-time unique dynamic security code. Customers will have access to advanced wallet-based security and authentication systems to approve payments.

Mobile wallets have continued to grow in popularity since first entering the market four years ago. In a 2016 article, Consumer Reports listed the top five reasons to use a mobile wallet:

  • They offer increased security.
  • Retailers are widely accepting them.
  • They can be used for online shopping.
  • Loyalty programs can be stored on them.
  • They may soon make checkouts faster.

MyVanilla is an alternative money management tool, available across the U.S. It only requires a quick and simple registration process with no credit check, as it is not a credit card. It can be used in store, online or in app.

For more information about MyVanilla, visit www.MyVanillaCard.com.

The MyVanilla Prepaid Mastercard is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated and may be used everywhere Debit Mastercard is accepted. The Bancorp Bank; Member FDIC. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The Card is distributed and serviced by InComm Financial Services, Inc., which is licensed as a Money Transmitter by the New York State Department of Financial Services. Visa is a registered trademark of Visa International Service Association. The MyVanilla Prepaid VisaCard is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and can be used wherever Visa debit cards are accepted. Terms and Conditions apply – see Cardholder Agreement for details.

Samsung Pay and the Samsung Pay Logo are a registered trademark of Samsung.

Apple Pay and the Apple Logo are trademarks of Apple Inc.

About InComm
Leveraging deep integrations into retailers' point-of-sale systems, InComm provides connectivity to a variety of service providers that allow consumers to conduct everyday business at more than 500,000 points of retail distribution. Whether those consumers are activating prepaid products, paying bills, enjoying real-time discounts through a membership card, purchasing digital goods in-store or adding funds to an online account, InComm is there to provide unique gift-gifting opportunities, cater to on-the-go shoppers, deliver added value through loyalty programs and serve cash-based consumers. With 246 global patents, InComm is headquartered in Atlanta with a presence in more than 30 countries. Learn more at www.incomm.com or connect with us on www.twitter.com/incomm, www.facebook.com/incomm, www.linkedin.com/company/incomm or www.incomm.com/blog.

Media Contacts:

Kristen Rocco
Communications Director
InComm
678-248-3236
krocco@incomm.com

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SOURCE InComm

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