InteliSpend Prepaid Solutions Expands Canadian Offerings

InteliSpend Prepaid Solutions has expanded its offerings to the Canadian market with the introduction of the company’s Universal Visa® Prepaid Card. Funded in Canadian dollars, this new prepaid card gives Canadian companies and companies with a Canadian presence an easy and memorable way to reward employees, drive sales and deliver effective consumer promotions.

The new card is an incentive for reward programs in which maximum redemption choice and international spending power is important. It can be used at all merchants that accept Visa cards, including international locations. In addition, the new card boasts higher than industry standard load limits for personalized cards and customization options for company branding. Cards are available in either preset amounts or as reloadable cards.

“This product has lots of intelligent features that differentiate it from others on the market,” said Darryl Hutson, InteliSpend CEO, “but what makes it a really competitive offering is that it transforms InteliSpend into a one-stop shop for multinational companies. Now that we have the Universal Visa Prepaid Card in Canada, our clients have one place to go for products funded in both U.S. and Canadian dollars.”

InteliSpend expanded its portfolio with the U.S.-based Universal Visa Prepaid Card last year.

“We are pleased to work with InteliSpend to expand their U.S. program into Canada,” says Sue Whitney, head of new products, Visa Canada. “Prepaid solutions offer flexibility that is ideal for delivering employee rewards programs.”

Features of the new Universal Visa Prepaid Card include the following:

Spending freedom: Simplifies incentive search and better motivates diverse employee and consumer groups with virtually unlimited redemption choices.

Funded in Canadian dollars: Makes it easy for companies needing a solution for constituents in both Canada and the U.S. when coupled with the U.S. dollar-funded product.

Reloadable or preset value: Simplifies administration of ongoing loyalty or incentive programs and on-the-spot rewards.

Comprehensive customization choices: Options include branding, recipient personalization, collateral design, and expiration date flexibility.

Backed by Visa: Offers high levels of service and security via 24/7/365 customer service, lost/stolen coverage and more.

Recipient delivery and activation: Eases administration by fulfilling cards directly to reward earners. Once the card is activated, it’s easy to use at merchants in-store or online.