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Development 12 September 2019

Mega Bank Partners with Edenred Taiwan To Use Benefit Xpress to Deliver Employee Benefits

The Employee Welfare Committee of Mega Bank officially collaborates with Edenred Taiwan to use Benefit Xpress to deliver employee benefits since July, 2019. The two parties completed the contract signing ceremony recently and nearly 6,000 employees will benefit from this new cooperation.

Mega Bank stated that by partnering with Edenred Taiwan and delivering Benefit Xpress, the long-time cumbersome process of sending out paper vouchers in a complex and time-consuming method has been solved. With the improvement of operation efficiency and reducing the waste of the planet's resources, Benefit Xpress provides employees with greater flexibilities when selecting vouchers.
 
Edenred Taiwan mentioned that it is inevitable for corporates to encounter difficulties during the process of digitalizing. Edenred has been working on e-vouchers for decades and has rich experiences and diverse products to assist employee welfare's digitalization at different stages. The cooperation with Mega Bank extended Edenred's experience to the financial industry and helped Mega Bank's Employee Welfare Committee overcomed their pain point during digital transformation. Currently, nearly 50 corporates with 100,000 emplyees including large-scale manufacturing, technology and electronics, transportation, and logistics have chosen to use Benefit Xpress to provide employee benefits. This effectively improves the green energy operation and administrative efficiency of these corporates with up to 80% employee satisfaction rate. 
 
According to the research by Pollster in 2018, the coverage rate of Taiwan's e-vouchers has reached 90%. With nearly 70% of users prefer to receive e-vouchers due to the efficiency of paperless transaction and supporting the promotion of environmental protection.

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 60 million users and more than 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), engagement (such as gift cards and engagement platforms), mobility (such as multi-energy solutions, including EV charging, maintenance, toll and parking) 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 sustainable 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 2023, thanks to its global technology assets, the Group managed €41 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, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.

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