Edenred and MasterCard launch their 2nd mobile payment test for Ticket Restaurant®

After a first pilot in January 2015, the Group's French subsidiary and MasterCard are continuing to test mobile payment with a new technology: HCE.

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Innovation

To supplement our first pilots developed with Sim-centric technology, we are delighted to be collaborating with MasterCard once again to test HCE technology applied to mobile meal vouchers. By doing so, we are continuing to hone our mobile payment expertise and are pursuing our Research & Development policy around innovative payment methods

Laurent Delmas, Managing Director, Edenred France

Ticket Restaurant®, Edenred's flagship solution on the French meal voucher market, and MasterCard are launching a pilot project around mobile payment using HCE (Host Card Emulation) technology. Developed for 200 users, this system allows employees to pay for their lunches directly with paperless meal vouchers using their smartphones in Ticket Restaurant-affiliated restaurants with a contactless payment terminal (POS).

Edenred is thus illustrating its will to diversify the formats of its Ticket Restaurant solution and reaffirm its position as an innovative player recognized by its stakeholders, which include affiliated merchants, employee beneficiaries and corporate clients.

How does it work?

When they are ready to pay, users simply place their phone on the merchant's payment terminal. The transaction takes only a few seconds and is fully secure thanks to the use of encrypted single-use tokens. Employees can then receive their confirmation and payment amount in the Ticket Restaurant application.
This test that uses contactless mobile payment (NFC) is being carried out with an Android smartphone model, irrespective of the user's telephone operator.

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 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 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.