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For an efficient recovery, fléchons consumer spending

Bertrand Dumazy CEO of the group Edenred, platform services and payments that accompanies day-to-day players in the world of work by connecting, in 46 countries, 50 million users in 2 million merchant partners through of over 850,000 business customers.

By 2019, thanks to its technology assets overall, the Group has managed a business volume of 31 billion euros, mainly achieved through mobile applications, online platforms and cards. Listed on Euronext Paris, Edenred is included in the CAC Next 20, FTSE4Good, DJSI Europe and MSCI Europe.

"So that the containment measures taken in response to the pandemic Covid-19 have been for the purpose of preserving the population of the dangers of the virus, in the future, the challenge will be that of the economic recovery, a strong recovery and sustainable, thus targeted. It will irrigate our economic fabric, charging capacity of consumption directed to the areas that need it the most. The recovery by the request cannot be strong and sustainable if it is to be targeted.

The French economy was in dire need of measures to get back in running condition. Nevertheless, a cash injection every azimuth, the "helicopter money", would be hazardous. In an open economy and globalised, such a measure would encounter several limitations: the money will it be spent or saved? If it is spent, will there be in the sectors that require it or for other sectors that are less affected, or even out of france?

The revival by the request cannot be strong and sustainable if it is to be targeted

Bertrand Dumazy, CEO of the group Edenred

More effective, the securities so-called "social", the title of which restaurant is the most popular, could enable the State and to local public actors to revitalise household consumption whilst focusing in a targeted manner in priority to the sectors most affected by the health crisis, such as catering, services related to tourism, recreation and transport, local products and services to the person.

In this spirit, the government will allow a more flexible use of titles-restaurants, But we could also temporarily increase the limit and the levels of exemption when the activity is resumed, in order to stimulate their use and to support the merchants and restaurateurs, who are particularly affected.

This type of payment solutions targeted to offer the warranty to be spent on the national territory, in a specified period of time, for a category of goods and services and with a network of merchants certified. It can be duplicated in order to accompany the parts of the economy most vulnerable to the crisis.

securities social, the title of which restaurant is the most popular, can help to revive household consumption, focusing in a targeted manner to the areas most affected

Bertrand Dumazy, CEO of the group Edenred

The revival will be all the more of an impact it will be targeted, and it will be much easier to deploy if it is based on tools that are 100% digital. The securities, called social have the features to meet this mission.

In France and in more than 40 countries in the world, titles, restaurant, food, child care, transportation, or culture, to enable 80 million people to have additional purchasing power. These shares may contribute to a recovery massive in no time at all tightened. Indeed, the digitization of the shares makes their implementation extremely fast on media to the cloud, guaranteeing a perfect control of the data and the traceability against the excesses of the informal economy.

In France and in more than 40 countries, securities, restaurant, food, child care, transportation, or culture, to enable 80 million people to have additional purchasing power

Bertrand Dumazy, CEO of the group Edenred

Decided by the public authority, financed without imbalance, the shares in digital should play a decisive role to overcome the crisis. In a logic of social sustainability, they help citizens, especially the most vulnerable, while ensuring a regular income for the economic actors who need it the most. By giving to the State and to local public actors with the means to target support to the consumer, securities, social digital is one of the levers of public policy stimulus, ambitious, focused on the reconstruction of the local economic fabric".

The editorial team conseilleEdenred strengthens its positions in the Middle-OrientEdenred benefits to full dématérialisationPrenons care of our contractors, the health of our economy depends on it!Digitalization of our economy-and if we see the glass half full?The day after the crisis: the rebuilding of Europe by funding citoyenFaites confidence in entrepreneurs!SujetsEdenredBertrand DumazyCoronavirus20 commentairesStefanle 11/05/2020 at 13:06

this is one that preaches for his parish !

Manolo@frle 10/05/2020 18:18

These are primarily companies that need to move on, in good conditions so as not to lose market share. Therefore, it is necessary to save a maximum, and most of all finally reduce the cost of doing business... This will restore the purchasing power of workers and allow companies to again become a bit more competitive.

mordicusle 10/05/2020 at 12:46 pm

It is crazy how apprentices war profiteers swarm shamelessly...

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