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Development 12 February 2019

Edenred enhances its mobile payment offering in Spain with Samsung Pay

As happened with Apple Pay in December 2016 and Google Pay in September 2017, Edenred Spain has again become a pioneer in mobile payment by signing a partnership with Samsung Pay in January 2019.

Spanish Ticket Restaurant beneficiaries now have a new payment solution on their smartphones. Following the signing of the partnership agreement, beneficiaries simply need to download the Samsung Pay app onto their smartphones. By linking their Ticket Restaurant card, they can now pay for their lunch quickly and easily with their smartphones using contactless technology.

Spain is the country with the highest adoption rate of mobile payment in the Group. The Spanish are amongst the most connected Europeans, with a local penetration rate of almost 95% on the smartphones market. More than 90% of merchants have also adapted to the demand by accepting contactless payments on their terminals.

 

The agreement with Samsung is one more example of how the Edenred Group has continued to evolve, betting on technological innovation to respond to the new consumption habits of Spaniards,” says Pierre Gagnoud, Managing Director of Edenred Spain.

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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