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Development 20 November 2020

Edenred Ticket Restaurant employee benefit now available in the US

Edenred announced the launch of Ticket Restaurant, its prepaid meal card benefit in the United States. The exclusive AnytimePay feature provides also paycheck advances for added financial well-being.

 

Already being used in 35 countries, Ticket Restaurant® is a program designed for employers to subsidy employee meals and/or grocery shopping. This employee benefits solution specifically addresses health and nutrition needs which positively impact employee retention, productivity, and well-being.

Ticket Restaurant allows employees to use a prepaid card to purchase meals at work or home from restaurants, cafes, grocery stores, and popular food delivery apps such as DoorDash, Grubhub, Waitr, and Postmates. Online and on the Ticket Restaurant mobile app, participants can check balances, manage their accounts, and request paycheck advances thanks to an exclusive AnytimePay feature. 

Particularly relevant for addressing the trends that emerged or intensified at the height of the health crisis, such as remote working, Edenred’s Ticket Restaurant increases employer’s attractiveness, while improving workers’ productivity and wellbeing by securing a budget for food. Employers can customize the program according to their needs using features like daily spending allowances, allowing/blocking specific merchants, and more.

Ed Fleischmann, CEO at Edenred Benefits, says: "The pandemic is changing the way employers reward and motivate employees. Most employee benefits and perks were oriented to work-from-office, like corporate cafeterias or free snacks. Ticket Restaurant is a new solution that gives employees the flexibility to dine no matter where they are, at home, or in the office."

 

Enhanced Financial Flexibility with AnytimePay Feature

Employees who enroll in Ticket Restaurant have the option to sign up for AnytimePay, an exclusive feature that allows participants to receive instant paycheck advances to cover additional or unexpected meal and food costs.

Paycheck advances with zero APR can be requested in seconds on Ticket Restaurant mobile app, funds are added instantly to the Ticket Restaurant card. 

"We understand that financial emergencies can happen to anyone, having to wait until the next paycheck to pay for food and groceries can be very stressful. AnytimePay help employees bridge that gap if the paycheck is several days away. Facilitating access to food is an added feature that solidifies the value of Ticket Restaurant as a unique benefit that is focused on employee nutrition, health, and financial well-being", Ed Fleischmann adds.
 

To find out more, visit the ticketrestaurant.us 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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By phone: +33 (0)6 83 54 12 10