Streamlining corporate payments
Corporate Payment Services enable more efficient management of inter-company financial flows, traditionally made through checks or transfers.
Since 2017, Edenred has developed a diverse range of payment services aimed at companies, and responding to the growing need for automation and reduction of transaction-related costs. Operating in Europe and North America, the Group provides innovative solutions that meet the specific challenges of certain sectors.
For example, via its American platform Corporate Spending Innovations (CSI), Edenred offers a cloud-based, complete and automated solution for accounts payable, thus contributing to the digitalization of this market. It has notably been chosen as a partner by renowned players such as Citi, Sage or Bank of the West. In Europe, services now include the issuance of virtual cards (via platform or API) and identified wire transfers.
A global specialist in earmarked payments, Edenred leverages the technological expertise of its PPS issuance and authorization platform, which processes large volumes of dematerialized transactions on its behalf. Edenred can permanently rely on its ability to issue virtual cards, manage digital accounts and execute bank transfers, as well as on its know-how in terms of regulations relating to payments. This capacity allows Edenred to provide its services to European players specializing in the field of deferred or split payment, such as Oney or Pledg.