Nice Information & Telecommunication, Inc. engages in the payment infrastructure business in South Korea. The company's products portfolio includes wired and wireless credit card checkers, POS, multipad, IC readers, and other products. It also provides data transfer services between offline affiliates and card companies, including network development, transfer of credit card approval data, purchase of card statement, and billing services; PG services; gift card services; and mobile payment services. The company was formerly known as NICE Card Information Co., Ltd. and changed its name to Nice Information & Telecommunication, Inc. in August 2000. Nice Information & Telecommunication, Inc. was founded in 1988 and is headquartered in Seoul, South Korea.