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Press release

Innovation 14 June 2016

Apple Pay coming to Ticket Restaurant® card beneficiaries in France this summer

Innovation

 

Apple Pay is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient

 

Ticket Restaurant card users will be able to pay for their lunch with Apple Pay using their iPhone or Apple Watch in Ticket Restaurant-affiliated restaurants and merchants equipped with a contactless electronic payment terminal. Edenred is the first meal voucher issuer to offer Apple Pay from the moment of its launch in France.

Bertrand Dumazy, Edenred Chairman and CEO, said: "As a pioneering company, Edenred creates and administers an increasingly innovative range of value-added transaction systems, particularly for our Ticket Restaurant solution. Given that digital solutions and mobility are at the heart of our offering, access to Apple Pay will ensure an exceptional user experience for our employee beneficiaries, affiliated merchants and corporate clients."

Given that digital solutions and mobility are at the heart of our offering.

Bertrand Dumazy, Edenred Chairman and CEO

 

Apple Pay is the latest addition to a unique range of services provided by the Ticket Restaurant card, including the ability to: complete transactions to the exact amount, eliminating credit notes; geolocate the closest affiliated restaurants using the myedenred.fr extranet or Ticket Restaurant mobile application; check the card's balance and recent transactions; and cancel the card in case of loss or theft.

In participating restaurants, Apple Pay works with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPhone SE and Apple Watch. Security and privacy is at the core of Apple Pay. When you use a Ticket Restaurant card 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 securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

Since the launch of the Ticket Restaurant card in 2014, 22 million transactions have been carried out in affiliated restaurants and merchants, with a peak of 300 transactions per minute at lunchtime, for an average amount of €11.43. There are currently 180,000 employee beneficiaries, 70% of whom have already made a transaction using contactless (NFC) payment.

The Ticket Restaurant card can now be used to pay online when ordering food remotely, with payment made easier in mobile apps affiliated with Ticket Restaurant and accepting Apple Pay. It’s as simple as the touch of a finger with Touch ID, so there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. When paying within apps, Apple Pay is compatible with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus.

For more information on Apple Pay

 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 60 million users and more than 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), engagement (such as gift cards and engagement platforms), mobility (such as multi-energy solutions, including EV charging, maintenance, toll and parking) 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 sustainable mobility.

Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.

In 2023, thanks to its global technology assets, the Group managed €41 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, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.

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