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PayPerks

PayPerks drives behavior change for low– and middle–income consumers

PayPerks is a financial capability and engagement platform that leverages illustrated education and sweepstakes-based rewards to drive win-win outcomes for low– and middle–income (LMI) consumers and the financial institutions that serve them.

Unlike traditional rewards programs, our approach addresses the unique needs and preferences of this market segment to create behavior change that’s positive for consumers and profitable for financial service providers.

Financial institutions can add PayPerks as a feature on their products and services, such as prepaid debit cards, to increase adoption, retention, desirable usage, customer self service and loyalty. Consumers trust PayPerks to deliver transparent and truthful advice that helps them minimize unnecessary fees, maximize convenience, and increase understanding.

PayPerks was named “the most promising new idea serving the Emerging Middle Class” by winning the CFSI Core Mega Challenge, a “Best Newcomer in Payments” by PYMNTS.com, the “Next Big Thing in Prepaid” at the Prepaid Expo, the “Company to Watch” by Paybefore and the “The Most Promising Idea for the Emerging Middle Class” at the Core Innovation Challenge.

Learn more at: http://corp.payperks.com/ Read our press at: http://blog.payperks.com/categories/press/ And we are usually hiring! http://jobs.payperks.com/

Recent Milestones

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    PayPerks — Federal Reserve Bank of Philadelphia publishes White Paper about PayPerks (10/22/13)
    Posted 11/2/13 at 1:36pm via payperks.com
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    PayPerks — April 2013, Financial Literacy Month, marked the occasion with the rollout of the PayPerks financial capability platform on the Direct Express Debit MasterCard program. (6/16/13)
    Posted 6/29/13 at 1:42pm via paybefore.com
  • Check
    PayPerks — PayPerks Takes Top Honors at Third Annual Core Innovators Mega Challenge (6/5/13)
    Posted 6/29/13 at 1:40pm via businesswire.com
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    PayPerks — Comerica Bank and MasterCard Launch Financial Education Curriculum in the Direct Express® Debit MasterCard® Program (4/1/13)
    Posted 6/29/13 at 1:42pm via prnewswire.com
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    PayPerks — PayPerks Named a Finalist for Best Newcomer in Payments (3/1/13)
    Posted 3/18/13 at 2:34pm via businesswire.com
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    PayPerks — MasterCard and Comerica Team Up with New York City Startup PayPerks to Reward Direct Express® Debit MasterCard® Cardholders for Learning (11/28/12)
    Posted 11/28/12 at 1:34pm via msn.com
  • Dollar
    PayPerks received in Series A funding. (9/1/12)
    Posted 12/17/12 at 7:51pm
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    PayPerks — Today at the White House, MasterCard announced its partnership with PayPerks for public sector prepaid debit cards in the US. The announcement comes as a part of the White House Summit on Financial Capability and Empowerment. (5/10/12)
    Posted 8/10/12 at 7:55am via payperks.com
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    PayPerks — A "panel of Prepaid industry experts" at the Prepaid Expo who declared: PayPerks is the Next Big Thing! We are extremely excited about being selected for this honor and to have the opportunity to demo PayPerks to the audience of the Prepaid Expo in Las (3/13/12)
    Posted 8/10/12 at 7:58am via payperks.com
  • Dollar
    PayPerks received in Angel funding. (9/1/10)
    Posted 8/17/11 at 11:42am
  • Check
    PayPerks added Arlyn Davich as Founder & CEO.
    Posted 4/17/11 at 1:40pm
  • Check
    PayPerks added Jake Peters as Co-Founder, CTO, Head of Product.
    Posted 5/1/11 at 3:09pm

Videos

Screenshots

Sources

  1. Citation Needed [add]
  2. Citation Needed [add]
  3. MasterCard announces PayPerks for Public Sector at the White House (payperks.com) [edit]
    PayPerks selected as the Next Big Thing at the Prepaid Expo (payperks.com) [edit]
    MasterCard and Comerica Team Up with New York City Startup PayPerks to Reward Direct Express® Debit MasterCard® Cardholders for Learning (money.msn.com) [edit]
    BusinessWire (businesswire.com) [edit]
    PayPerks Takes Top Honors at Third Annual Core Innovators Mega Challenge (businesswire.com) [edit]
    Paybefore Blog Driving Financial Capability in the U.S.: PayPerks and Direct Express (paybefore.com) [edit]
    Comerica Bank and MasterCard Launch Financial Education Curriculum in the Direct Express® Debit MasterCard® Program (prnewswire.com) [edit]
    Federal Reserve White Paper on PayPerks (blog.payperks.com) [edit]
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Last Edited 11/3/13

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