Type | Private |
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Industry | Finance, Incentive services |
Founder(s) | American Express Maritz Inc |
Headquarters | Fenton, Missouri, United States |
Area served | United States Canada |
Key people | Darryl Hutson (CEO) |
Products | Card Programs and Incentive programs |
InteliSpend Prepaid Solutions is a private company formed as a joint venture by American Express and Maritz, Inc in 1997.[1] InteliSpend provides incentive programs for 76% of Fortune 100 companies.[2] In 2010, Maritz bought out American Express' interest in the company to obtain 100% ownership.[3]
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One of the primary selling points for InteliSpend is the patented DirectSpend technology that gives clients the ability to restrict the spending on the reward cards to specific retail locations.[4] Through the Persona product InteliSpend's clients are able to choose which retail outlets the card will be accepted at. Additionally cards can be co-branded and personalized through the Custom Card and DirectSpend/Persona products. For non-restricted programs the Encompass card is provided.[5]
In addition to pure card solutions InteliSpend utilizes partner companies to provide Sales Incentive (Spiff) programs and product rebate programs. Through its partners InteliSpend delivers online solutions with varying degrees of integration and online facilities.
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