4 ms·
Luncheon vouchers systems are run by private entities that take a fee on it. I believe the fee is pretty high (a shop owner told me 8%, but I am not too confide
by sdeframond 3y ago
Luncheon vouchers systems are run by private entities that take a fee on it. I believe the fee is pretty high (a shop owner told me 8%, but I am not too confident).
I definitely believe this system is outdated, that the tax-cut is eaten by said companies plus the extra burden and that the world would be a slightly simpler place without meal vouchers (at least as I know them in France).
https://en.m.wikipedia.org/wiki/Meal_voucher https://en.m.wikipedia.org/wiki/Meal_voucher
- gruez 3y agoAny source that companies are actually paying a premium on this? Given that gift cards are sold at par or even at a discount, I'm skeptical that companies will pay a premium for what essentially are gift cards.
- sdeframond 3y agoCompanies don't pay a premium but merchants pay a transaction fee. Reading from Swile's website, it is a flat 3.85%, quite lower than what I initially thought. I am not sure how it compares to credit cards. Source https://www.swile.co/en/merchants/meal-vouchers https://www.swile.co/en/merchants/meal-vouchers