Perks by BizX

Funding Perks Accounts is the same as purchasing anything on BizX, according to your existing BizX fee plan. Perks Accounts will never pay a fee. If a Perks Account elects to have items shipped to them or if they overdraw their account their credit card may be charged.

The IRS requires BizX to be a third-party record keeper and therefore report all taxable BizX income made by each member to the IRS including Perks Accounts. If you choose to be responsible for reporting the tax information to the IRS for your employees, be sure to check the box "Please do not send a 1099-B". If you want the recipient to be responsible for reporting earnings themselves, check the box "Please send these accounts a 1099B at the end of the year." Consult your accountant if you have further questions.

If you are already a member of the BizX network, you can sign your employees up for their own BizX Perks account under the “Send/Request BizX” tab on the Member Website.

We hold a credit card on file in case the Perks account holder overdraws their account, or if they choose the cash shipping option for gift certificates or other products.