EDENRED S.A.: EDENRED STEPS UP DEVELOPMENT IN MOBILE PAYMENTS
14 Novembre 2017 - 8:00AM
Press
release
November 14, 2017
EDENRED STEPS UP DEVELOPMENT IN
MOBILE PAYMENTS
More than ten million transactions already carried
out using smartphones in 2017.
Edenred is
strengthening its leadership position in the mobile payments market
by introducing increasingly innovative solutions adapted to new
consumer habits. The Group recently launched Android PayTM in Spain,
enabling employees to pay for their meals directly with their
smartphones.
With more than
ten million transactions already carried out using mobile payment
solutions in 2017, Edenred has now become the first industry player to roll out a global, multi-brand
mobile payment offering, spanning three continents (Europe,
Latin America and Asia), offered in partnership with the leader OEM
mobile payment brands and with Edenred proprietary solutions.
The Group launched its first mobile payment program in France in July 2016
followed by Spain in December 2016 for Ticket Restaurant card
users, and will soon also be implementing the payment system in
Italy for ExpendiaSmart card holders. In Sweden, Edenred introduced
Samsung Pay in March 2017 and will shortly extend the solution to
Brazil. Edenred is also developing its own solutions in Finland,
Italy, Slovakia and Taiwan.
"The rise of
mobile payments is a historic turning point for Edenred; it marks
an acceleration both in our shift to digital and in our drive to
differentiate our offering. We are continuing to develop our
strategic plan, which in particular aims to turn digital technology
into a powerful growth driver. More than ever, we are making
technological innovation and the customer experience the focus of
our development" said Bertrand Dumazy, Chairman and Chief
Executive Officer of the Edenred Group.
Launch of Android
Pay in Spain
The world leader in transactional
solutions for companies, employees and merchants, Edenred has become the first meal voucher issuer to offer
Android Pay in Spain as of September 26, 2017, enabling
employees to pay directly with their smartphones in all restaurants
equipped with a contactless payment terminal. Employees in
Spain with Android smartphones (KitKat or later) can now take
advantage of an easy, secure and private method of payment. With
this move, Edenred has today become the country's first meal voucher issuer to offer a mobile payment
solution to all users with an NFC smartphone.
"The high
penetration of contactless payment terminals in Spain convinced us
to step up our development in mobile payments and offer Android
Pay, expanding our mobile payment service to all device brands
available on the market" said Pierre Gagnoud, Managing Director
of Edenred Spain.
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Edenred is
the world leader in transactional solutions for companies,
employees and merchants. Whether delivered via card, mobile app,
online platform or paper voucher, all of these solutions mean
increased purchasing power for employees, optimized expense
management for companies and additional business for affiliated
merchants.
Edenred's offer is built around three business lines:
-
Employee benefits (Ticket Restaurant®, Ticket
Alimentación, Ticket Plus, Nutrisavings, etc.)
-
Fleet and mobility solutions (Ticket Log, Ticket
Car, UTA, Ticket Empreserial, etc.)
-
Complementary solutions including corporate
payments (Edenred Corporate Payment), incentives and rewards
(Ticket Compliments, Ticket Kadéos) and public social
programs.
The Group brings together a unique
network of 43 million employees, 750,000 companies and public
institutions, and 1.4 million affiliated merchants.
Listed on the Euronext Paris stock exchange within the CACNext20
index, Edenred operates in 42 countries, with close to 8,000
employees. In 2016, the Group managed almost €20 billion in
transactions, of which 70% were carried out via card, mobile device
or the web.
The logos and other trademarks
mentioned and featured in this press release are registered
trademarks of Edenred S.A., its subsidiaries or third parties. They
may not be used for commercial purposes without prior written
consent from their owners.
Follow Edenred on Twitter:
www.twitter.com/Edenred
Android Pay is a trademark of
Google LLC.
__
CONTACTS
Media Relations
Anne-Sophie Sibout
+33 (0)1 74 31 86 11
anne-sophie.sibout@edenred.com
Anne-Sophie Sergent
+33 (0)1 74 31 86 27
anne-sophie.sergent@edenred.com |
Investor and Shareholder Relations
Solène Zammito
+33 (0)1 74 31 88 68
solene.zammito@edenred.com
Loïc Da Silva
+33 (0)1 74 31 87 09
loic.dasilva@edenred.com
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CP_MobilePayment_EN_14112017
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: EDENRED S.A. via Globenewswire
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