Reports claim that the winger is expected to arrive at Selhurst Park on loan until the end of the season, despite interest from clubs across Europe.
Ince - son of England and Manchester United legend Paul Ince - is a highly-regarded former England U21 player who had been tipped to move to big-spending Monaco. That move may still go ahead in the summer, but for now Palace's reported £1 million loan fee secured the services of the 22-year-old.
The Seasiders had confirmed Ince would hold talks over a move to the top-flight in a club statement which read: "Blackpool Football Club can confirm that, following discussions with Thomas Ince and his representative, permission has been given for Thomas to discuss a loan move to a Premier League club.
"Thomas has expressed his ambition to play in the Premier League for the remainder of the season, a decision that the club fully understands and supports."
Swansea's Welsh rivals Cardiff agreed an £8 million fee for Ince last summer, but the player eventually turned down a move to Cardiff City Stadium.