27 March 2024

What are the benefits of the Ticket Restaurant?

restaurant card

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More and more people are companies that use the restaurant card as a social benefit for their employees. Without its own canteen and with the loss of time spent travelling home for lunch, this option has become an advantageous tool for both workers and companies. 

Use the restaurant card offers a number of benefits that go beyond simply facilitating the payment of meals.. In addition to the convenience and flexibility it offers users in enjoying dining experiences, it also brings significant advantages.  

The tax advantages of restaurant tickets allow employers and employees to optimise their financial resources, while promoting productivity and well-being at work. 

What is the Restaurant Card?

The restaurant card is intended to cover all or part of the cost of meals for a company's employees during working hours. It is a social benefit which allows companies to provide a convenient and easy-to-use means of paying for employees' meals, improving their purchasing power.

As he explains Edenred, a world leader in transaction solutions with more than 40 years of experience and a presence in 42 countries, the Ticket Restaurant card is an innovative and innovative solution for the a substitute for subsistence allowances and reimbursements that allows employees to pay for meals in part or in full at company expense in a simple, secure and fast way.

What are the advantages of Ticket Restaurant?

One of the most positive aspects of the Ticket Restaurant is that it is based on a Win-Win strategy in which everyone involved benefits. Let's take a look at the advantages of the restaurant card for companies, for employees and even for the restaurants themselves.

What are the advantages of Ticket Restaurant for businesses?

For companies, the restaurant card brings the following advantages: 

  • As it is a social benefit and not be considered as a salary, the subsidies offered on the basis of the restaurant card are exempt from personal income tax and social security contributions, which means savings for the company. 
  • In addition, the amounts are deductible in the calculation of the taxable amount for corporation tax purposess, increasing the tax benefits for the company.
  • It allows the personalisation of each card, The use of the information, selecting who, when and how it can be used.
  • Each card is associated with an employee. This prevents, for example, the help from being used by other people or outside working hours. 
  • It incorporates a sSecure payment system and blocking in case of theft or loss, preventing its misuse. 
  • The cards can be recharged remotely and at any time by means of a functional management software, saving the delivery time of the restaurant tickets.
  • Facilitate and optimise accounting tasks, The system offers a single, digitised invoice, without having to collect and sort the tickets issued by the restaurants in the traditional way. 
  • Finally, another of the advantages of Ticket Restaurant is that it can be booked quickly and easily, as it can be done directly online.

What are the benefits of Ticket Restaurant for employees?

For their part, employees benefit from the following aspects when they have their restaurant card:

  • By receiving this assistance to finance their meals, they get a increased purchasing power and therefore feel more motivated at work.
  • Choice of various formats: Ticket Restaurant can be obtained in the form of restaurant cards or pay directly with your mobile phone (Google Pay, Apple Pay and Samsung Pay).
  • Since it is not chargeable to personal income tax, your income is not affected for their use: they constitute a 100% expense deductible for corporate income tax purposes.
  • They provide the comfort to have an instrument with which to pay for meals, without the need to carry cash.
  • Avoid losses The restaurant card software saves each payment in the restaurant card's software.
  • You can consult your movements through an application.
  • You have at your disposal more than a thousand partner restaurants.
  • If they are teleworking, You can also use the Edenred Ticket Restaurant card to order food online.

What are the advantages of Ticket Restaurant for hospitality businesses?

Likewise, the hotel and catering businesses that are members of the restaurant card get a additional turnover and a quick and easy payment method.

How does the Restaurant Card work?

The procedure for implementing the flexible remuneration system in the organisation is simple. The company in question contracts with the service provider and the service provider issues a card to each employee according to the parameters of the service.The company's own rules and regulations.

Once in their possession, workers activate the card and can now use the plastic holder to pay their meal receipts up to a maximum of 11 euros. per day in any of the restaurants and associated establishments.

Find out more about how Ticket Restaurant works in our dedicated article!

Edenred Spain