Rewards

The Rewards program is designed exclusively for business customers, enabling them to accumulate and redeem rewards through a variety of transactions. By integrating the Rewards APIs, partners can offer their customers a rewarding experience, allowing them to track, earn, and manage rewards in a seamless way.

Earning Rewards

Rewards can be earned through multiple transaction types, such as:

• Card transactions: Business customers can accumulate rewards by using their business cards for purchases, generating ongoing benefits with every transaction.
• Financial account transactions: Activities such as deposits, withdrawals, and other transactions within financial accounts contribute to reward accrual.
• Transfers: Internal transfers between accounts, ACH transfers, and other payment activities also contribute to rewards accumulation.

Rewards can either be permanent, where customers earn points or cashback on a recurring basis, or one-time bonuses. For example, a welcome bonus is provided as a one-time reward when a business customer first signs up, while card transactions generate ongoing rewards.

Redeeming and Transferring Rewards

Business customers have several options when it comes to utilizing their accumulated rewards:

• Transferring rewards: Customers can transfer rewards directly from their rewards account to any of their financial accounts. This provides flexibility in using rewards to bolster their financial balance.
• Sending rewards to other business accounts: In addition to transferring rewards to their own accounts, customers can also send rewards to another business customer’s account. This option is ideal for businesses that want to share rewards with partners, employees, or other entities within their network.

This flexible rewards system not only encourages frequent use of business services but also enables customers to get creative in how they apply their rewards—whether for themselves or others.

Managing Rewards

Customers can easily track their reward balance, review their earning history, and redeem rewards directly through the application or system integrated by partners. The ability to transfer rewards across accounts and to other customers makes it a powerful tool for businesses seeking to maximize their benefits.