NICE INFORMATION & TELECOMMUNICATION INC. is a Korea-based company mainly engaged in the provision of integrated payment solutions through credit card value-added network (VAN) services. The Company provides financial VAN services, such as authorization services for transactions by credit cards, check verification services, automatic replying system (ARS) authorization services and others; Internet payment gateway (PG) solutions, offering an Internet electronic payment software named Nicepay; value-added services, such as credit card identification services, inquiry services for particulars of credit cards, loyalty card services and personal credit inquiry services, and tax-point services, which provide cash receipt services through the National Tax Administration (NTA) system. It also involves in the manufacture of credit card terminals such as point of sale (POS) terminals.