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InComm Payments Wins "Consumer Payments Innovation Award" in 7th Annual FinTech Breakthrough Awards Program

Staff Report

Monday, March 27th, 2023

 InComm Payments, a leading payments technology company, today announced that Dual Network Benefit Card, a solution of its InComm Healthcare business division, has been selected as winner of the "Consumer Payments Innovation Award" in the 7th annual FinTech Breakthrough Awards. The awards program is conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Dual Network Benefit Card gives health plans the ability to easily add more than one supplemental benefit, reward or healthy foods program to a single member card. The payment product simplifies the transaction process for health plan members while empowering them to use employer or health plan-sponsored funds to purchase healthy products online or at one of 66,000+ retailer locations and providers participating in the over-the-counter (OTC) Network.

"Every year, our judges look for solutions that solve unique problems and create a more effective payment experience for consumers," said James Johnson, Managing Director at FinTech Breakthrough. "InComm Healthcare's Dual Network Benefit Card empowers health plans to streamline the traditionally complex process of delivering supplemental benefits to members. We extend our sincere congratulations to the InComm Healthcare team for bringing home the 'Consumer Payments Innovation Award' in 2023."

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from across the globe.

"With $2 billion loaded since launch, our Dual Network Benefit Card can manage an unlimited number of programs – each tied to a specific product catalog or benefit option," said Brian Parlotto, Executive Vice President at InComm Payments. "Building and supporting a single card that integrates countless benefit programs is not a simple task. Others in the industry have fallen short for a variety of reasons, such as lacking reliable technology or failing to understand the complexities of healthcare payments. We'd like to thank FinTech Breakthrough for recognizing our team's hard work in overcoming these challenges and developing this product for our partners." 

Health plan members can also use funds on Dual Network Benefit Card at specific category providers like dentists and vision centers. InComm Healthcare has extended Dual Network Benefit Card to over 320 health plans that offer their plan members a wide range of benefits across more than 580 health and wellness programs.

To learn more about Dual Network Benefit Card, visit: www.incomm.com/products/healthcare-solutions/.