The food delivery service Just Eat Takeaway.com now offers a takeaway paycard. For a start the card will be available in Germany, The Netherlands and Poland. "This allows companies to subsidise food orders from their employees," the company says, offering an alternative to the company restaurant.
Using the new debit card, issued by global payments platform Adyen, employees can redeem their compensation allowance when ordering. In addition, the card can be used on-site atJust Eat Takeaway.com's partner restaurants, cafés and bars. However, this is subject to Maestro and Mastercard being accepted.
The new offering expands the existing digital-only Takeaway Pay service, which is already available in twelve countries. From the third quarter of 2021, the new Takeaway Paycard will initially be available in Germany, the Netherlands and Poland. The service is expected to follow in other countries soon.
Just Eat Takeaway.com, which is expanding but posted adjusted operating losses of €190m in the first half of the year, is hoping the new offering will boost growth - especially as competition from Wolt & Co grows.
New Work is changing the requirements for companies
"Our solution is being used for more and more applications," Adyen COO Kamran Zaki is pleased to say. "Using our cards, Just Eat Takeaway's corporate customers make it easy for their employees to shop, order or dine out. At the same time, their HR departments keep track of spending transparently and in real time."
"Our solution is being used for more and more applications," enthuses Adyen COO Kamran Zaki. "Using our cards, Just Eat Takeaway's corporate customers make it easier for their employees to shop, order or go out to eat. At the same time, their HR departments keep track of spending transparently and in real time."
"Business travel is on the rise again, and along with spending, the hospitality industry is gradually recovering from the pandemic," said Jan-Willem van der Schoot, Mastercard Country Manager of the Netherlands. "Together with our partners, we enable fast, easy and secure payments for travel and expenses, whether from home or on the road around the world."