PayPerks drives positive behavior change for the underserved
The PayPerks platform enables financial institutions and government and employer payors to easily customize and offer education and rewards programs which improve the profitability of the underserved, while educating and empowering these consumers to better understand and make use of financial products. The platform has proven effective at driving increased profitability and financial capabilities.
For programs with usage rewards enabled, PayPerks has demonstrated improvements of 70%-200% on key card usage behaviors such as direct deposit utilization, POS usage, and retention. On the financial capabilities side, 86% of survey respondents say PayPerks has helped them make better financial decisions.
The platform is fully bi-lingual in English and Spanish and easily extensible into other languages, as well as web and mobile-optimized, to maximize access for underserved consumers.