At a glance

Tremendous is a rewards platform that businesses use to send gift cards, prepaid Visa cards, cash payouts and charity donations to recipients in many countries. Cash options include PayPal and Venmo. It is used for research incentives, marketing and referral rewards, employee rewards and legal disbursements, with sending by spreadsheet upload, integrations or API. Platform access is free; Tremendous says it earns revenue from partnerships with some reward brands and charges fees on certain cash payouts and on credit card funding. Under its terms, a sender can cancel a payout within seven days of ordering unless the recipient has redeemed it, and a payout belongs to the recipient once it is sent.

Profiles are built from the vendor's own published information.

Read the source notes

Who it suits

  • Research incentives
  • Marketing incentives
  • Sales incentives
  • Employee rewards
  • Legal disbursements
  • Nonprofits
  • Energy and utilities
  • Clinical trials
Vendor's wording

Modules

  • Bulk payouts
  • Rewards API
  • Embedded payouts
  • Gift card catalog
  • Prepaid Visa cards
  • Monetary payouts
  • Charity donations
  • Fraud prevention
  • Tax management
  • Global payouts
Module sources

Connect to your stack

  • Salesforce
  • HubSpot
  • Zapier
  • Qualtrics
  • SurveyMonkey
  • Typeform
  • Friendbuy
  • Talkable
  • Lootly
  • Referral Factory
  • Bonusly
  • Mailchimp
Integration sources

Pricing

Published pricing
yes

Platform access, bulk sending, API and integrations: $0. Gift cards, prepaid Visa cards, donations: face value. Venmo, PayPal, Cash App, digital wallets, bank transfers: 4-6% fee. Funding via U.S., EU, or U.K. bank account: $0. Funding via credit card: 3% fee. Fraud prevention and tax management tools: $0. Sending $200K+ per year: potential volume discounts. No subscriptions or platform fees.

View pricing page Pricing source

Questions to take
to a demo

  1. If the platform is free, which reward brands pay you, and how does that affect which rewards our recipients see first?
  2. Which payout methods carry the 4 to 6 percent fee for US recipients, and can we hide them to control cost?
  3. Can a loyalty program call your API at points redemption with our own branding, and what does embedded payouts add?
  4. Your terms say a payout belongs to the recipient once sent: what do we get back on rewards that are never redeemed, and on payout links we never send?
  5. At what annual volume do volume discounts or revenue sharing start, and how are they calculated?

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Published information

What the vendor says

Claims, exact quotes and sources. Checked .

Product

Tremendous describes its platform as a way for organizations to issue payouts as money, prepaid cards and gift cards to recipients worldwide.

“Businesses use our platform to issue payouts - in the form of money, prepaid cards, and gift cards - to recipients around the world.”

tremendous.com: About Checked

Businesses can send by spreadsheet, integration or API and track spending in a dashboard.

“Send at scale via spreadsheet, integration, or API.”

tremendous.com: Home Checked

Who it suits

Tremendous says it serves researchers, marketers, HR leaders, class action administrators, nonprofits and others.

“We serve a wide range of customers - researchers, marketers, HR leaders, class action administrators, nonprofits, and more - across multiple industries and use cases.”

tremendous.com: About Checked

The site lists solutions for research, sales, marketing and HR, and industry pages for nonprofits, legal disbursements, energy and utilities, aviation and clinical trials.

“You’re covered, whatever your use case”

Named on the page: Research incentives, Marketing incentives, Employee rewards, Legal disbursements, Sales, Nonprofits, Energy & utilities, Aviation payouts, Clinical trials

tremendous.com: Home Checked

Modules

Recipients can choose from prepaid cards, digital payouts, donations or more than 2,500 gift cards.

“There's something for everyone: prepaid cards, digital payouts, donations, or 2,500+ gift cards.”

tremendous.com: Home Checked

Product pages cover the API, fraud prevention, security, tax management (W-9 and 1099), global payouts and embedded payouts.

“Automate W-9 collection and 1099 prep to keep your finance team happy.”

Named on the page: API, Fraud prevention, Security, Taxes, Global, Embedded payouts

tremendous.com: Home Checked

Integrations

The integrations page lists more than 20 integrations plus Zapier, including Salesforce, HubSpot, Qualtrics, SurveyMonkey, Typeform, Friendbuy, Talkable, Lootly, Referral Factory and Bonusly; Mailchimp connects via Zapier.

“Tremendous integrates with thousands of tools. Whatever your use case, we make it easy to send rewards fast.”

Named on the page: Zapier, Salesforce, HubSpot, Qualtrics, SurveyMonkey, TypeForm, Friendbuy, Talkable, Lootly, Referral Factory, Bonusly, Mailchimp (via Zapier), User Interviews, Social Snowball, Kudoboard

Pricing

Tremendous says it is free to use with no subscriptions or platform fees, and lists fees for monetary payouts and credit card funding.

“Tremendous is free to use The fast, easy way for businesses to send gift cards and money. No subscriptions or platform fees.”

tremendous.com: Pricing Checked

Monetary payouts may carry a 4 to 6 percent fee and credit card funding a 3 percent fee.

“Venmo, PayPal, Cash App, international digital wallets, and bank transfers may incur a 4-6% fee.”

tremendous.com: Pricing Checked

Tremendous says it earns money through partnerships with some reward brands and may share revenue with high-volume senders.

“We make money through partnerships with some of the reward brands that recipients choose, such as Amazon.com and Visa. If you're sending in high volume, we'll even share some of that revenue with you.”

tremendous.com: Pricing Checked

Senders can cancel a payout until seven days after ordering or until it is redeemed, whichever comes first; after that, refunds are at Tremendous' discretion.

“Client may cancel a Payout until the earlier of (i) seven (7) days after submitting an Order or (ii) Recipient’s redemption of the Payout.”

tremendous.com: Terms Checked

A payout belongs to the recipient once it is sent.

“All right, title and ownership of a Payout pass to the Recipient once such Payout is sent to the Recipient.”

tremendous.com: Terms Checked

If a sender never sends a payout link, its value passes to Tremendous one year after purchase.

“To the extent that Client fails to send a Payout Link, Client hereby assigns and agrees to transfer the entire value of the Payout Link to Tremendous one (1) year after the purchase thereof.”

tremendous.com: Terms Checked

Company

Tremendous says Nick Baum and Kapil Kale co-founded it in 2010 and that it is owned by founders and employees.

“CEO Nick Baum and COO Kapil Kale co-founded Tremendous in 2010.”

tremendous.com: About Checked

Customers

Tremendous case studies name Atlassian, ScottsMiracle-Gro, Spot Pet Insurance, NewtonX and The City University of New York.

“Atlassian uses Tremendous to pay 10,000+ research participants in 109 countries”

Named on the page: Atlassian, ScottsMiracle-Gro, Spot Pet Insurance, NewtonX, The City University of New York

Security

Tremendous says it has SOC 2 Type II compliance.

“Rest easy with enterprise security, SOC 2 Type II compliance, and fraud prevention.”

tremendous.com: Home Checked

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