- FlexxPay enables employers to give their employees access to a portion of their already earned salary whenever they need it
- FlexxPay offers digital services on its platform to increase staff motivation, productivity, and retention
- Merit Incentives to extend its client offering by providing FlexxPay’s unique early access to earned salary solution.
Dubai, UAE: Dubai/Riyadh-based social impact company FlexxPay, and Merit Incentives are combining forces to offer a comprehensive employee benefits platform to their corporate clients in the GCC and MENA region. The companies signed a cooperation agreement with the intention to combine their sales and marketing efforts while integrating their service offerings on each other’s respective platforms.
FlexxPay is a cloud-based solution that employers can offer to their employees to help overcome financial shortfalls between paydays and to provide them with additional benefits. With FlexxPay, employers can directly invest in their most valuable asset – their employees. The solution comes at no cost to the employer and there is no system integration needed.
Merit provides rewards and incentives worldwide and offers SaaS employee engagement & sales incentives technology solutions to corporate clients and SMEs. Companies can issue points to reward employees’ best behaviours. Points can be redeemed by employees for gift cards, merchandise, as well as non-monetary rewards and experiences. Companies can also set up a complete white-label employee engagement platform with Merit.
FlexxPay and Merit Incentives both target corporates that have a strong interest in providing unique benefits to their employees through technology, to increase engagement, productivity and retention.
Commenting on the agreement between the two companies, Michael Truschler, co-Founder and CEO of FlexxPay said, “Our vision at FlexxPay is to become the top choice for companies in the GCC, MENA and worldwide when they are in search of a solution to increase employee motivation and productivity. We enable employers to give their employees access to a portion of their already earned salary whenever they need it. Through Merit Incentives we add valuable benefits to our platform in the form of gift cards, discounts at various retailers and restaurants and allow mobiles top ups anywhere in the world. That’s exactly what our customers are looking for. They want to increase employee motivation, productivity, and retention. We are very excited about this new partnership.”
Julie Barbier-Leblan, Founder and CEO at Merit Incentives added, “At Merit, we strive to provide to our businesses the best gifts, rewards and incentives to fully engage their customers and employees. We operate our own rewards network of 5,000 partner brands across 100+ countries, with 500+ retailers and merchants in the GCC & MENA alone. The partnership with FlexxPay enables us to add a unique value proposition to our existing clients and prospects. Merit and FlexxPay have the same target audience, territories and complementary products – so it simply makes sense to combine forces.”
For employers, the benefits of the combined platforms include:
- Increase staff motivation, productivity, and retention
- Reduce employee absent days & workload on HR and finance teams
- A unique network of rewards such as digital gift cards, offers, coupons, mobile top-ups & Loyalty programs
- Employee engagement & sales incentives modules
For employees, the benefits include:
- Ability to access a portion of their earned salary instantly, whenever required
- No loan, no interest, only a nominal transaction fee
- No credit checks necessary. Automatic eligibility for all employees once employer is enrolled.
- Access to special offers, digital gift cards & rewards in the MENA region and soon globally
Truschler concluded, “Merit and FlexxPay share the same vision – use technology to boost our clients’ businesses while offering unique benefits to their employees. We both think big and want to make an impact – always. That’s why this will be a very successful partnership. We look forward to welcoming progressive and wellbeing-conscious corporates to our platforms.”
For more information on FlexxPay, please visit www.flexxpay.com. For press enquiries please contact:
Jon Ivan-Duke, firstname.lastname@example.org, +971582857333 / Ms. Sara Truschler, email@example.com , +971567785652.
© Press Release 2022
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