How does it work?
The Visa Employee Benefits prepaid card is an innovative way for employers to distribute meal and food benefits to all their employees.
By adopting this product, employers benefit from a more efficient way to transfer these benefits, using a more secure, convenient and modern method. Employees can now rely on a more transparent way to control the funds they receive from their employer for their daily meals or groceries for their family.
In addition to the meal and food modalities, the issuer bank can also offer employees a prepaid card loaded with benefit amounts earmarked for other types of expenses, including fuel, entertainment and medical expenses.
The employer offers these benefits through a Visa Employee Benefits prepaid card. Each participating employee receives a card and has the benefit amount automatically deposited to that card account. Employees use cards to pay for meals, food, and other expenses for which the company may offer benefits.