Riyadh-based social impact technology company FlexxPay, and Dubai-based Merit Incentives, have signed a cooperation agreement to offer a comprehensive employee benefits platform to their corporate clients in the GCC and the Middle East and North Africa (MENA) region.
The agreement aims 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. The solution comes at no cost to the employer and there is no system integration required.
Merit is a global provider of rewards and incentives and offers Software as a service (SaaS) employee engagement & sales incentives technology solutions to corporate clients and Small and Medium-sized Enterprises (SMEs).
Companies can issue points to reward employees’ best behaviors. Employees can use their points to get gift cards, products, and non-monetary rewards and experiences. Merit can also help companies set up a complete white-label employee engagement platform.
“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.”
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.
Ms. Julie Barbier-Leblan, Founder and CEO at Merit Incentives, said that “At Merit, we strive to provide to our businesses the best gifts, rewards and incentives to fully engage their customers and employees. The partnership with FlexxPay enables us to add a unique value proposition to our existing clients and prospect.”
Related: Lulu Exchange unveils Future Leaders Program for its Bahraini employees