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Press release

Development 08 October 2018

Crédit Mutuel teams up with Edenred to offer its French clients the Ticket Restaurant card

From October 8, 2018, customer advisors at Crédit Mutuel and its subsidiary, CIC, will market the Edenred Ticket Restaurant card, expanding Crédit Mutuel’s range of services for companies and enabling Edenred to step up its growth on the French market.

Destined for Crédit Mutuel and CIC customers, the new service complements the existing range of employee benefit products (employee savings and retirement plans, collective insurance), for an even more exhaustive and competitive offer. It will be available at close to 5,000 branches in France from Crédit Mutuel and CIC advisors whose strong and long-term relationships with companies all over the country account for 13.5% of the French market.

60,000 additional cards will soon be migrated to Edenred’s online platform, giving users access to the Ticket Restaurant card’s unique functionalities that include easy‑to‑use instant mobile meal payments via Apple Pay and Samsung Pay, as well as direct access to delivery platforms Dejbox, Deliveroo, Rapidle and Uber Eats. Today, the Ticket Restaurant card is already used by 600,000 employees and accepted by 200,000 restaurants and merchants. 

We're delighted with this partnership with the Crédit Mutuel and CIC, which reflects Edenred’s dynamic development and will increase our penetration rate. Our unique expertise in Ticket Restaurant card services, from mobile payments to meal delivery platforms, combined with the drive and France-wide presence of the Crédit Mutuel and CIC teams, will enable us to consolidate our leadership,” said Julien Tanguy, General Manager of Edenred France.

Commenting on the new partnership, Daniel Baal, Chief Executive Officer of Caisse Fédérale de Crédit Mutuel and CIC, said: “I’m also delighted with this partnership which is a perfect fit with our objective: to offer our customers the best service, the best expertise and the best performance and proximity.”

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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Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10