Gemalto N.V. Message Board

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Technology Stocks : Gemalto N.V.

GTOMY 28.11

+3.7%

Oct 15 5:00 PM EST

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From: JakeStraw	3/19/2015 8:41:23 AM
	of 128

Pellegrini chooses Gemalto for digital meal voucher program in Italy gemalto.com Gemalto is supplying Pellegrini with a complete solution for their EMV digital meal voucher program. Pellegrini is a leading issuer of meal vouchers delivering 35 million units every year. Gemalto is responsible for production, integration, personalization and fulfillment of the cards, which offer Pellegrini's clients a more convenient and efficient alternative to traditional paper vouchers. The new program involves Italy's most important payment processor ("Gestori Terminali") and is fully compatible with existing EMV terminals. Unique in the Italian market, the program will further strengthen Pellegrini's position in the Italian meal voucher market, one of the most advanced in Europe with two million end users. The new EMV cards support more effective management of employee meal voucher programs. Benefits include the ability to load monthly meal allowances automatically and remotely, rather than having to physically distribute paper vouchers to employees. Paperless processing and invoicing brings administrative efficiency and enables merchants to be reimbursed much faster. Greater accountability is achieved and the risk of fraudulent use is minimized. Pellegrini's network of 60,000 affiliated merchants will not need to invest in a new POS infrastructure to enjoy the advantages of secure electronic transactions. For end users, redeeming the digital vouchers is as quick and easy as using a credit or debit card.

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