InteliSpend Prepaid Solutions

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InteliSpend Prepaid Solutions
Type Private
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 500 companies.[2] In 2010, Maritz bought out American Express' interest in the company to obtain 100% ownership.[3]

Products

Card Programs

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]

Sales Incentive & Rebate Programs

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.

Management and Key Executives

Key executives include:[1][6]

  • Darryl A. Hutson: Chief Executive Officer
  • Russell W. T. Yergensen: Chief Financial Officer

References

  1. 1.0 1.1 , BusinessWeek American Express Incentive Services, L.L.C., accessed 9 April 2009
  2. , American Express Incentive Service - About Us, accessed 9 April 2009
  3. http://intelispend.com/about-us
  4. , bnet StoreFinancial Licenses American Express Incentive Services' Patented DirectSpend(SM) Process, accessed 9 April 2009
  5. , American Express Incentive Services - Encompass Card, accessed 9 April 2009
  6. , American Express Incentive Service - About Us, accessed 9 April 2009

External links


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