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Development 15 March 2019

Edenred Mexico launches G500 Fleet, the new payment solution for professional mobility expenses

On February 26, 2019, Edenred Mexico unveiled G500 Fleet, its brand new project launched in partnership with service-station consortium, G500. The purpose of this payment platform is to make the management of fuel expenses easier for companies thanks to the Ticket Car technology and platform. The launch of G500 Fleet marks the completion of an eight-month project dedicated to the creation of this white label, which is aimed at small and medium-sized companies.

The G500 brand was, originally, an association of various service-station owners that was formed in response to the extensive deregulation inflicted on Mexican resellers. Today, the consortium comprises more than 300 service stations and aims to reach 1,400 in the future.

G500 Fleet is a simple and efficient payment solution that aims to facilitate the management of fuel expenses among its users. Initially, beneficiaries will be able to use this product at certain G500 consortium service stations and then, at the end of the implementation process, in all of the network’s service stations.

Andrea Keller, Managing Director, Edenred Mexico, said: “With the G500 Fleet card, in addition to paying for fuel expenses, companies will be able to measure, check and manage these costs, and thus make big savings. Our partnership with G500 will let us continue to develop new digital solutions and acquire more experience in fuel vouchers.” 

This new white-label fuel payment solution is the second one launched by Edenred Mexico and confirms the subsidiary’s ambition to become a key partner for Mexican fuel retailers.

Link to the G500 website

 

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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