MIAMI, Dec. 29, 2016 (GLOBE NEWSWIRE) -- Next Group Holdings, Inc. (OTCQB:NXGH) announced today that the Company has amended and extended its White Label Card Program Services agreement with InComm Financial Services, Inc. (InComm), calling for InComm’s ongoing use of the Company’s marks as well as certain InComm marks in connection with the parties’ prepaid card program. The Company and InComm have further committed to explore efforts to provide Next CALA customers with an enhanced user experience meeting their evolving needs in today’s marketplace.
“We are extremely pleased with InComm’s ongoing commitment to the growth, marketing and distribution of what we know is a game-changer for the millions of Americans who manage their money outside the world of traditional banking,” said Arik Maimon, CEO, Next Group Holdings, Inc. “Our prepaid card is the first step towards a comprehensive prepaid solution for our customers, and we look forward to growing our partnership with InComm.”
“With many consumers dependent upon prepaid cards as a primary financial tool, we appreciate the potential of Next Group’s efforts to provide a comprehensive solution for its customers,” said Phil Graves, President, InComm. “For more than 20 years, InComm has thrived on innovative commerce solutions, and we are happy to continue our relationship with Next Group to meet the needs of their customers in an innovative manner.”
About Next Group Holdings, Inc. Next Group Holdings, Inc. (OTCQB:NXGH) is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. NXGH owns 94% of the issued and outstanding shares of NEXTCALA, one of the corporation’s four operating subsidiaries. Next Group Holdings, Inc. official website is www.nextgroupholdings.com
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 450,000 points of retail distribution worldwide. 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 186 global patents, InComm is headquartered in Atlanta with a presence in over 30 countries in North and South America, Europe and the Asia-Pacific region.
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Contacts: NXGH Investor Relations: Dave Gentry RedChip Companies Inc. dave@redchip.com 407-491-4498 for Next Group Holdings, Inc.: Paul Gendreau PGPR paul@pgprmedia.com 678-807-7945
