Home Media News & press releases Edenred enters into an alliance with ...

Press release

Development 24 July 2014

Edenred enters into an alliance with American Express in Mexico

Edenred is teaming up with American Express to offer a unique joint fuel card solution for Mexico.

American Express will now offer its clients a solution combining the specific features of the Ticket Car® fuel card and American Express financing and credit facilities.  

This offer will bring companies the advanced functionalities of Ticket Car®, including the country’s largest private service station network, advanced monitoring of business expenses, and the ability to deduct fuel expenses and recover VAT with a single statement including all their spending. This joint solution will also answer the credit needs of companies, especially in the small and mid-sized segment.

We are pleased that American Express chose Edenred as a preferred fuel card partner in Mexico. This alliance will strengthen our value proposition and allow us to increase the penetration among small and mid-sized companies”, declared Diego Frutos, Managing Director of Edenred Mexico.

With this move, Edenred is pursuing its strategy of developing expense management solutions, which are targeted to account for over 20% of consolidated issue volume in 2016.

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.

Read also

Press contacts

Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10