InComm to become exclusive distributor of American Express U.S. prepaid cards

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American Express and InComm have entered into an agreement for InComm to become the exclusive distributor of American Express’s prepaid reloadable and gift card products in the US. InComm will become the exclusive program manager and processor, and American Express will remain the issuer and network for all products involved in the transaction. InComm will also acquire the Serve technology platform and other assets related to the American Express prepaid reloadable and gift card products business.

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