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Press release

Development 24 July 2015

Edenred and Daimler sign partnership deal in Brazil

Edenred has joined forces with the Daimler group to launch a common solution on the Brazilian fuel card market.

With more than 25 years of experience in Brazil's fuel card market via Ticket Car®, its flagship solution, Edenred partners with the Daimler group to launchMercedesServiceCard, a service card co-branded with Ticket Car® and intended for the Brazilian road transportation market.

The partnership will give Mercedes-Benz heavy vehicle customers in Brazil the opportunity to access two services using a single card. In addition to paying for fuel expenses using the features and network (more than 10,000 affiliated gas stations) of the Ticket Car® solution, customers will also gain access to the Mercedes-Benz network of maintenance workshops for truck servicing and repairs.

Edenred is pursuing its strategy of developing expense management solutions, which are targeted to account for over 30% of issue volume by 2017.

 

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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