Incredible Technologies
Incredible Technologies Partners with Peppercoin to Process
Credit Card Transactions on Future Online Games

New version of Golden Tee Golf to implement cost effective payment solution

Arlington Heights, IL -  Incredible Technologies, the country's largest manufacturer of coin-operated video games, announced a partnership today with Peppercoin, a payments company that provides cost-effective solutions for micro-payment transactions, as a means to offer credit card payments on upcoming coin-operated products. Traditional costs associated with such transactions are not economically feasible, but with Peppercoin it is now possible to reduce the processing and customer service costs enough to make it an extremely attractive option for operators and consumers.

An all new, state-of-the-art version of Golden Tee Golf, the world's most popular coin-operated video game, is slated to premiere by the end of this year. One of its many groundbreaking features will be the acceptance of credit cards as payment using Peppercoin's latest payment solution system.

Peppercoin of Waltham Massachusetts, just released Peppercoin 2.0, which makes the purchase experience transparent to the buyer and includes support for physical point-of-sale transactions. Consumers can use their credit cards to make purchases from the merchant, with no specialized account pre-enrollment required. Peppercoin 2.0 also provides merchants with an online customer care system that helps reduce customer service costs.

“Micropayments typically are considered credit card transactions that run less than $5,” said Andy Kniaz, Director of Business Development at IT. “Traditionally, such small credit card payments have not been cost effective due to various processing fees, which are geared more toward larger transactions. Peppercoin's Universal Aggregation™ system combines small purchases from many different sources, making the associated costs much more affordable for our industry,” he said.

“Peppercoin provides Incredible Technologies with the ability to economically process credit card payments for the millions of Golden Tee Golf games played each year,” said Elaine Hodgson, CEO of Incredible Technologies. “By offering consumers the ability to use whatever they have in their pockets to pay for a game, we expect to see earnings increase dramatically as it has in other industries, and expand the size of the overall market. By keeping the costs associated with this process to reasonable levels, Peppercoin is helping to transform our industry.”

“The small payments market is poised for rapid growth across a variety of sectors including music, games, other digital content and physical goods,” said Robert Kiburz, CEO of Peppercoin. “While reducing transaction costs is essential to creating profitable small payments business models - it is not sufficient. With Peppercoin 2.0 we offer the consumer an experience that's easy and familiar, whether they're purchasing an item or seeking customer service. At the same time we remove the hidden obstacles that have restrained business.”

Incredible Technologies is the largest manufacturer of coin-operated video games in the United States. Besides their flagship product, Golden Tee Golf, IT's stable of top-earning games includes Big Buck Hunter and Silver Strike Bowling. Incredible Technologies employs over 100 designers, programmers, technicians, artists, and support personnel. Through its International Tournament System, IT conducts online Golden Tee tournaments in the US, Australia, Canada, New Zealand, England, Sweden, and South Africa. For more information visit their website at www.itsgames.com

Peppercoin enables profitable new business models for low-priced digital content and physical goods. Peppercoin's small payment products help merchants, banks, and other payments companies build market adoption quickly through a flexible, consumer-friendly approach. Peppercoin integrates easily with existing business models and systems to accelerate revenues and increase profits while dramatically lowering transaction and customer service costs. For more information visit www.peppercoin.com.