Management of prepaid cards: new subsidiary in Brazil

Edenred Brazil recently created "Edenred | Prepaid Solutions", its own entity dedicated to the management of prepaid cards.

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Attentive to the market and committed to investing in and developing new services, Edenred Brazil recently created Prepaid Solutions, an entity that processes prepaid solutions and cards. Offering a new way of diversifying business, this type of product is currently flourishing in Brazil.

Over the past two years, ten million reais have been invested in the project, which as of its launch already has 300,000 cards in operation.
And the potential for growth is promising: Edenred | Prepaid Solutions in Brazil expects to manage over one million cards by the end of 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.