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---
description: InComm's June 2022 anniversary update traces its growth from prepaid calling cards to a global gift card and payments business serving over 1,000 brands.
title: InComm marks 30 years with more than $50 billion in annual transaction volume
image: https://giftcard.news/images/social/v1/incomm-marks-30-years-more-than-50-billion-annual-transaction-volume-65530277af0761316e184eac4981ae97.jpg
---

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# InComm marks 30 years with more than $50 billion in annual transaction volume

InComm's June 2022 anniversary update traces its growth from prepaid calling cards to a global gift card and payments business serving over 1,000 brands.

By [Emma Carter](https://giftcard.news/author/emma-carter/) Published: June 9, 2022 at 04:00 PM 1 min read 

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 Photo: Source: incomm.com 

[InComm Payments](https://giftcard.news/company/incomm-payments/) has marked its 30th anniversary, reporting more than $50 billion in annual transaction volume. The June 9, 2022 update traces the business to [Brooks Smith](https://giftcard.news/person/brooks-smith/)'s founding of a prepaid long-distance calling card company in 1992.

By the anniversary, InComm said it had accumulated more than 400 patents, established offices in 34 countries and partnered with over 1,000 brands. These are the scale figures the company supplied for its 2022 milestone.

Its activities had expanded into gift cards and other payments, with a focus on connecting partners to products and services through a single integration. The company also highlighted expansion in lottery, loyalty and incentives.

Recent initiatives discussed included the creation of its internal innovation operation, Go Studio, and work on additional in-store payment options. InComm identified cryptocurrencies and QR codes among the areas it was exploring.

The anniversary account reflects the shift from a prepaid communications product into distribution and payment infrastructure used by retailers, brands and other partners.

## Sources and documents

ExpandCollapse 
* [Hitting the Big 3-0](https://www.incomm.com/insights/hitting-the-big-3-0/?utm%5Fsource=giftcard.news) — incomm.com

## In this article

### Companies

* [InComm Payments](https://giftcard.news/company/incomm-payments/)

### People

* [Brooks Smith](https://giftcard.news/person/brooks-smith/)

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![Portrait of Emma Carter](https://giftcard.news/images/variants/v1/emma-carter-editorial-portrait-w320.webp) 

About the author

## [Emma Carter](https://giftcard.news/author/emma-carter/)

Journalist — Retail & E-commerce

Emma Carter covers retail, e-commerce and the gift card shopping experience for Gift Card News.

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