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- Tech Details
Tremendous is a US-based fintech company founded in 2010. They state their mission is to help businesses pay anyone in the world, easily and instantly, and boasts thousands of businesses worldwide have sent millions of payments using Tremendous.
Tremendous is a way to distribute digital incentives and rewards globally. The Tremendous platform is used to reward recipients with gift cards, prepaid Visa® cards, and cash. It enables companies big or small to buy, track, and manage incentives at scale. Customers can send rewards individually and in bulk with the Tremendous platform, or automatically by integrating with its API.
The vendor works with brands to support their specific use cases: market research, customer loyalty, health & wellness, employee rewards, and referrals.
The Tremendous dashboard enables teams to track the distribution of funds and generate advanced reports by project. It automatically handles payment failures such as incorrectly entered account numbers, and their support team is available for recipients’ payment-related inquiries. Tremendous aims to eliminate the operational challenges with funding multiple payment vendors — the user sends funds directly to Tremendous.
|Deployment Types||Software as a Service (SaaS), Cloud, or Web-Based|
- Tremendous keeps our participants happy and engaged. We receive a 10%+ response rate.
- I can sent rewards instantly.
- Tremendous has helped us to find fraudulent social media accounts for people that joined programs and wanted to get their reward via cell phone.
- Customer Relationship
- Execution and Efficiency
- Customer Satisfaction
- Aided in our ability to reward staff
- Morale boost
- The fact that it's free to use means Tremendous has had a very positive ROI on our research operations. We've gained much and lost nothing.
- It saves us time with distributing incentives, since we can simply upload a file with names and email addresses, click a button, and the rewards are sent
- It allows us to lower our costs due to the time savings mentioned above, which provides added value to our clients
- The technology is a big selling point for us when winning work by being able to say we have the ability to quickly distribute respondent incentives and that the respondents have so many options to choose from when redeeming their reward
- Able to reward our customers for referring new business
- We are able encourage word-of-mouth referrals