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Press release

Development 31 May 2017

Apple Pay coming to Expendia Smart card beneficiaries in Italy

After France and Spain with the Ticket Restaurant program, Italy is the third Edenred country to launch Apple Pay, offering ExpendiaSmart employee beneficiaries an easy, secure and private way to pay.

The ExpendiaSmart program is designed to optimize Italian employees' business travel expenses, before, during and after their trip. It is an "all-in-one" solution combining a payment card, a booking platform and an online expense account management system.

Thanks to Apple Pay, employee users of ExpendiaSmart will soon be able to pay for their business expenses directly with their iPhone or Apple Watch  at all affiliated merchants and service providers equipped with a contactless payment terminal.

Security and privacy are at the core of Apple Pay. When employees use ExpendiaSmart with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and stored securely within the device. Each transaction is authorized using a one-time unique dynamic security code.

Edenred began offering Apple Pay to Ticket Restaurant card users in France and Spain in 2016. More than 400,000 employees in France and 100 000 in Spain can now pay for their meals with their iPhone or Apple Watch.

Bertrand Dumazy, Chairman and Chief Executive Officer of Edenred, said: "A pioneer and leader in the digital revolution, we are always looking for ways to provide additional value-added services to the users of our solutions, their employers and the members of our acceptance network. Just like their counterparts in France and Spain, employee beneficiaries in Italy will now be able to carry out value-added transactions thanks to Apple Pay, an easy, secure and private payment method."

 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

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