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Going Cashless: Sodexo, Zeta See Rapid Growth

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Top restaurants accepting sodexo coupons in basavanagudi, Bangalore

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  • Retail biggies like Foodworld, Spencer's, Food Bazaar cease to accept Sodexo coupons.
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By Shilpa Phadnis. Retailers say handling food coupons is getting cumbersome and eating into their margins. The coupons need to be verified, kept safely, stamped, sent to Sodexo and only after that do retailers receive the payments.

Sodexo Meal Card | Food Cards Online In India

Every retailer pays a brokerage fee to Sodexo for processing these vouchers. Sodexo, in turn, pays the retailers against the number of coupons redeemed.

While we seek to address the issue and find an amicable solution with them, we seek your cooperation and understanding for any inconvenience that may be caused because of these outlets going out of the network wef Jan 1, To ensure users do not face any inconvenience, we have already tied up with affiliates in and around these outlets. The coupons were originally meant to be used only at office cafeterias.

The government offers a tax exemption on them up to the value of about Rs 1, per month calculated as Rs 50 for every working day. The use of these coupons was later extended to restaurants and then to grocery purchases. Many retailers accepted them for non-food purchases as well, but when income tax authorities started questioning this, most organized retailers put systems in place to ensure these coupons would be accepted only for grocery items.

But separating out grocery from non-grocery items in supermarkets and hypermarkets when a customer comes with a large trolley of items and making separate payments was a challenge. Since the coupons come in small denominations of Rs 10, Rs 20 and Rs 35, counting them often took a very long time at the point of sale. Are you a Business Owner?

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Bhavin Turakhia, Founder and CEO of Zeta, said "In partnership with Sodexo we can reach a larger number of clients and customers, faster and help them benefit from the savings and simplicity our technology can offer. For the latest tech news and reviews , follow Gadgets on Twitter , Facebook , and subscribe to our YouTube channel.

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Sodexo has 3 million consumers Partnership expected to see Sodexo's consumers get new digital solutions Zeta offers Super Card that's used for paying for food, fuel, and more. Tech News in Hindi. More Technology News in Hindi. Latest Videos. More Videos. Popular Mobiles.