Until now, the payment methods offered by Edenred to its customers had certain limitations: 

• Payments by credit card were problematic due to high basket limits (often blocked above 4 K€).
• The check and the "classic" bank transfer generated longer processing times (3 to 7 days), the preparation of the order being triggered only after reception of the payment.
• These "traditional" payment methods also created friction and processing costs, including to track the receipt of funds, identify the payer and/or the order, and sometimes make several return trips to customers. These time-consuming processes slowed down the accounting reconciliation and, ultimately, the proper execution of the service.

Edenred has therefore chosen to implement the Immediate Transfer Fintecture, integrated directly into the payment page of its e-commerce site.

Deployed in just a few weeks, the Immediate Transfer Fintecture has enabled :

• To bypass card limit issues for high for high baskets.
• Offer a seamless user experienceA card-like user experience with no interruption in the online payment process, as opposed to a traditional check or wire transfer
• Provide immediate payment confirmationReduce processing time, avoid bottlenecks during seasonal peaks, while securing the preparation of the order
• Automate reconciliationsince the Immediate Transfer "embeds all order-related data (payer identification, order number, purchase amount) in the transaction: a major time-saver for the Finance department!