Virtual Incentives and Marqeta are breaking down international barriers to make delivering rewards payments quicker and easier
September 28, 2022 – NEW YORK – Virtual Incentives, the payment platform that drives engagement and inspires action, today announced an evolution of its partnership with Marqeta (NASDAQ: MQ), the global, modern card issuing platform, that enables customers to deliver reward payments to recipients throughout Canada in a timely, frictionless, and highly-engaging way.
Companies partner with Virtual Incentives to connect stakeholders and customers with their brands and to shape the development of new products and services. Conducting market research or rewarding consumers across international borders requires overcoming a number of technical and geographic obstacles, due in part to regional and national variances in financial and data privacy regulation.
“Virtual Incentives and Marqeta have worked to eliminate cross-border obstacles for companies extending their market research projects and rewards programs into Canada,” said Marco Casas, Senior Director of Partnerships, Marqeta. “We’re making it easy for companies to create and launch highly customized experiences that attract attention and increase participation levels.”
Marqeta’s API-first card issuing and processing platform is built for differentiation and speed, enabling their partners to instantly onboard accounts, issue physical and virtual cards, and push to digital wallets so users can start spending immediately.
The Virtual Incentives platform allows clients to easily and immediately deliver payouts, incentives, or rewards to their customers or employees. Delivery options include email, SMS, in-app, and direct to bank accounts.
“The combination of the Virtual Incentives platform and Marqeta’s open API and modern technology provides a solution that is unique in the world of digital payment fulfillment,” said James Gary, CEO, Virtual Incentives. “Virtual Incentives is a digital payments company that pushes the innovation envelope daily, and that’s why our partnership with Marqeta is so successful.”
About Virtual Incentives
Virtual Incentives is the payments platform for engagement and action. Its mission is twofold: make it quick and easy for its clients to deliver payouts, incentives, or rewards to their customers or employees anywhere in the world; and to help its clients learn more about their customers and employees. Virtual Incentives delivers more than 40 million payments per year across 57 countries in 72 currencies. Virtual Incentives sets itself apart through its tailored approach to customer service and its technological innovation that enables companies to create payment experiences that deliver value, engagement and transparency. For more information about Virtual Incentives, visit www.virtualincentives.com.