It's not always easy to earn and keep the loyalty of 1099 workers. Given their range of work options, faster payment can make all the difference. With DISBURSE, payouts can be available as soon as a job is completed and the money is earned.
Generate virtual and physical cards on-demand for rewards and incentives. Funds are available immediately, and cards can be used anywhere.
Virtual Incentives is an industry pioneer in digital reward fulfillment for leading global brands. Marqeta’s innovative Payments Platform and DISBURSE solution allows Virtual Incentives’s clients to connect with their most valuable employees, customers, and partners in ways never before possible. Marqeta’s Open API offers a robust library of options to enable Virtual Incentives to create the most personalized and engaging card experience. As a testament to the unique offering Virtual Incentives provides, Visa has chosen them to deliver a custom digital rewards to winners at the Money20/20 Hackathon for two years in a row, with Marqeta powering the solution.
“At Virtual Incentives, we are at the cutting edge of the FinTech innovation. Providing innovative and personalized rewards solution requires a platform that offers a flexible and feature rich API. Marqeta’s Open API has empowered us to provide a solution that changes the game for digital rewards fulfillment.”
The Marqeta Platform includes an API that supports both virtual and physical cards. Virtual cards are immediately available (complete with card numbers) and can be converted to physical cards. Physical cards are designed by you, produced to your specifications (EMV contact, EMV contactless, or magnetic stripe), and are mailed directly to the cardholder.
The Marqeta Platform includes a Flexible Spend Controls feature to enable programs that can restrict spending by merchant, merchant category (for example: hotel, clothing, restaurant, etc.), dollar amounts, time, number of uses, type of currency and several other criteria.
The ability to gather and put to work actual user data is enabled through the use of webhooks to push data to your API, giving you the power to perform rapid analytics and accelerate product iteration. It includes a full suite of real-time event notifications and enables triggered customer communications based on actual customer behavior.