Solutions
 
Corporate Card

Corporate Campus Card Features

Corporate customers use different forms of vouchers or 3rd party cards to enable cash-less transactions and food incentives to their employees. Some of the challenges with these instruments:

Such 3rd parties charge a high processing fee. With campus prices already discounted, vendor margins shrink further
Considerable reimbursement time for vendors
Lack of real-time information/visibility employees & vendors. No real-time reports to employees & vendors. No periodic statements to employees
In most cases real-time card blocking not possible. Complicates employee relieving formalities
Not conducive for card acceptance at 3rd party/partners
In addition it is not normally possible to change the behavior of the program based on corporate needs
And the solution cannot be enabled on the ID cards that the corporate already issues to the employees
 

With QwikCilver Solution

Corporate customers can choose to enable their ID card to function also as a food card within campus
Cards are loaded with the allowed limit for each employee
On presenting this card at any of the food-court outlets, the requisite amount is deducted from the card. Transactions done by initiating transaction on the EDC device supplied by QwikCilver
All balances are maintained on the server, and real-time
Not conducive for card acceptance at 3rd party/partners
Vendors can do a close batch at end-of-day or print reports on transactions for the day any-time
Corporate designated staff can get periodic report or generate report online on vendor wise spend
Employees can track activity on their card, block their cards online. Can also get periodic reports on email
Cards can again be reloaded as desired by Corporate
Cards can be enabled for acceptance at 3rd parties desired by Corporate, subject to 3rd party agreeing for the same

In addition to the above, QwikCilver stored value platform provides several limits and controls for Corporate to manage the program.

 

Corporate Incentives Program

QwikCilver incentives program provides a flexible platform for corporate to track and reward their employees consistently and timely for their contribution to different organization initiatives and goals
Program behavior can be tuned to specific corporate requirements and deployed
Provide visibility to employees on the incentives administration and the rewards
Corporate can configure different reward points for different contributions
Can be integrated to intranet for a seamless integration to corporate
Can be integrated to redemptions through Corporate stores or other Corporate branded catalog