Swift works closely with companies ranging from Fortune 500 enterprises to smaller businesses looking to reward or pay their employees, distributor partners or customers. One of the ways we organize our robust program portfolio, and resulting expertise, is to bisect it into the categories of incentive and disbursement.
On the incentive side of the business, we’ve counseled clients on both standard and fantastically creative uses of prepaid funds to drive behavior. When clients leverage our products to bind action and reward closely together in the mind of the recipient, they see results. Frequently, we even help them discover new ways to measure those results. Swift’s teams often work directly with the corporation sponsoring the incentive program. We also work with marketing agencies, incentive companies and reward catalogues to integrate our prepaid products into larger, managed campaigns and services on behalf of mutual clients.
The corporate disbursement (or, payments) side of the business is truly diverse and we see prepaid used in an ever-expanding list of vertical markets and industries. Businesses find themselves needing to pay or reimburse consumers, employees or another business more quickly, at a lower cost and around the world. Our prepaid products are often the solution. Here, we see everything from moving expense reimbursements to payments for scrap metal recycling to insurance companies reimbursing medical providers globally. Swift’s technology continuously replaces inefficient, less secure payment mechanisms for our clients who need to disburse funds.