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Payment options to add rewards funding to your Qarrot account
Payment options to add rewards funding to your Qarrot account

This article explains the different ways you can add funding to your account.

Updated over 7 months ago

Before your employees can redeem their spending points for gift card rewards, you'll need to add sufficient funding to your account.

Note: We load the net amount of the funds received. Please review the options below carefully as each has different costs and delays.


Option 1: Credit card.

The benefit of this option is that the funds are loaded immediately.

Note: We pass along the processing fee of 5% of the transaction value.

1. Login to your Qarrot account.

2. Navigate to the Manage > Funds in the top menu.

3. Select 'Add funds' on the Funding page.

4. Enter the amount of funding you'd like to add and provide your credit card details.

We will automatically post the credit card payment receipt once completed.


Option 2: Bank transfer

Note: This option is currently only available to clients in Canada, funding in CAD.

Send minimum $500 EFT transfer to:

CAD
Institution: 010
Transit: 00031

Account: 6755216
SWIFT BIC: CIBCCATT

Company Name: Friendefi Inc. dba Qarrot
Company Address: 710-5455 Avenue de Gaspe, Montreal, QC H2T3B3
Bank Name: Canadian Imperial Bank of Commerce
Bank Address: 610 St. Jacques Street, Montreal, QC H3C 1C7

*IMPORTANT*

When complete, send an email to [email protected] with the following info:

  • Transfer amount:

  • Email address on your Qarrot account:

Your account balance will be updated after our accounting team receives your email and the funds clear in the bank (1-2 business days).


Option 3: Wire transfer

Send minimum $1,000 wire transfers and add $15 for bank fees:

CAD
Institution: 010
Transit: 00031

Account: 6755216
SWIFT BIC: CIBCCATT

Company Name: Friendefi Inc. dba Qarrot
Company Address: 710-5455 Avenue de Gaspe, Montreal, QC H2T3B3
Bank Name: Canadian Imperial Bank of Commerce
Bank Address: 610 St. Jacques Street, Montreal, QC H3C 1C7

USD
Institution: 010
Transit: 00031

Account: 0491012
SWIFT BIC: CIBCCATTXXX

Company Name: Friendefi Inc. dba Qarrot
Company Address: 710-5455 Avenue de Gaspe, Montreal, QC H2T3B3
Bank Name: Canadian Imperial Bank of Commerce
Bank Address: 610 St. Jacques Street, Montreal, QC H3C 1C7

*IMPORTANT*

When complete, send an email to [email protected] with the following info:

  • Transfer amount:

  • Email address on your Qarrot account:

Your account balance will be updated after our accounting team receives your email and the funds are deposited into our bank account.


Option 4: Check

Send minimum $500 check to:

  • Payable to: Qarrot

  • Address: 710-5455 Avenue de Gaspe, Montreal, QC H2T3B3

Please allow 5-10 business days for the check to arrive and to be deposited in our account.

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