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Virtual Incentives

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Company health

Employee growth
8% increase in the last year
Web traffic
10% decrease in the last quarter

Ratings

G2
3.2/5
(5)
Glassdoor
4.5/5
(24)

Virtual Incentives description

Virtual Incentives is a software platform designed to simplify how businesses of all sizes manage and distribute digital rewards and incentives. It allows you to provide instant payments, gift cards from over 1,050 brands, and global cash payouts in multiple currencies. Virtual Incentives integrates with existing systems, offers a high level of customization for branding and user experience, and boasts a 98% client retention rate. Their dedicated account team provides support from implementation to ongoing management.


Who is Virtual Incentives best for

Virtual Incentives is a versatile platform ideal for small and medium-sized businesses seeking to streamline their reward and incentive programs. It offers a wide range of digital rewards, including gift cards from over 1,050 brands and global cash payouts. The platform is known for its customization options and high client retention rate, ensuring your rewards align with your brand and effectively motivate recipients.

  • Best fit for small to medium-sized businesses.

  • Suitable for businesses across various sectors.


Virtual Incentives features

Type in the name of the feature or in your own words tell us what you need
Supported

Virtual Incentives delivers digital gift cards, including virtual Visa cards.

Supported

Virtual Incentives offers API integration for various systems.

Supported

Virtual Incentives supports custom branding, including logos and messages, on gift cards.

Supported

Virtual Incentives allows reward customization, including personalized messages, branding, and delivery methods.


Virtual Incentives alternatives

  • Logo of Tremendous
    Tremendous
    Has broader industry applicability and is growing faster. More reward variety including cash and international disbursements. Tremendous offers a "spend as you send" model with potential volume discounts. A popular Tremendous alternative.
    Read more
  • Logo of TruCentive
    TruCentive
    Offers merchandise rewards and more flexible pricing. Has positive user reviews about customer support and ease of use. However, it has slower momentum and some users dislike transaction fees and occasional technical issues. A good Virtual Incentives alternative.
    Read more
  • Logo of GroupGreeting
    GroupGreeting
    Better for team greetings and celebrations. Less focused on monetary incentives.
    Read more
  • Logo of Runa
    Runa
    Has a wider range of pricing options, including a free version. Offers a user-friendly API. Website traffic is growing faster, but employee count is shrinking. Lower rated by users who mention limited support hours and regional gift card availability.
    Read more
  • Logo of Huuray
    Huuray
    Wider reward catalog. Supports physical gift cards. Grows slower than Virtual Incentives.
    Read more
  • Logo of Postal
    Postal
    Better for sending physical gifts and experiences. Focuses on corporate gifting for marketing, sales, and customer success teams. Higher rated on G2.
    Read more

Virtual Incentives FAQ

  • What is Virtual Incentives and what does Virtual Incentives do?

    Virtual Incentives is a platform simplifying digital reward and incentive management for businesses. It offers instant payments, gift cards from over 1,050 brands, and global cash payouts. It integrates with existing systems, is highly customizable, and boasts a 98% client retention rate.

  • How does Virtual Incentives integrate with other tools?

    Virtual Incentives integrates with existing systems through its API. This allows for seamless reward delivery within your current workflows. It also offers extensive customization options for branding and user experience.

  • What the main competitors of Virtual Incentives?

    Top alternatives to Virtual Incentives include Tremendous, TruCentive, Runa, Guusto, Tango, and Giftogram. These competitors offer similar features such as digital rewards, gift card options, integrations, and global payout capabilities. They cater to various business sizes and offer diverse reward options.

  • Is Virtual Incentives legit?

    Virtual Incentives appears legitimate, offering diverse reward options and integrations. A 98% client retention rate suggests positive user experiences. However, researching reviews and comparing alternatives like Tremendous or Tango is recommended for informed decision-making.

  • How much does Virtual Incentives cost?

    I couldn't find pricing details for Virtual Incentives. For the most current information on product pricing, I recommend visiting the vendor's website or contacting their sales team.

  • Is Virtual Incentives customer service good?

    While some users appreciate the simplicity of Virtual Incentives for reward delivery and highlight its good customer support, others express concerns about the platform being outdated and restrictive for recipients regarding redemption options.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.