Now JioMoney can be used for Sodexo Meal Payments

The digital wallet of Reliance Jio, JioMoney has entered into a partnership agreement with Sodexo company in which now Sodexo customers can use JioMoney to pay for services. Sodexo is a famous meal benefits firm with up to 3 million daily users. This covers the non-digital standalone food stores on the digital payments ecosystem, where Sodexo Meal Cards will be accepted via the JioMoney application.

In the press release by Reliance Jio, the company said " Reliance Jio and Sodexo, the leader in Employee Benefits today announced the partnership to accelerate India’s digital transformation. Jio and Sodexo will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.

JioMoney, the PPI wallet offered by Jio Payments Bank Ltd., has enabled integration of Sodexo Meal Cards with a user’s JioMoney account to allow mobile-based payments via Sodexo Meal Card. The partnership will enable thousands of Sodexo Merchants like grocery shops, kiranas, restaurants and cafes across the country, to accept digital payments via Sodexo".

Speaking on the association, Anirban S Mukherjee, Business Head, JioMoney said, “Jio’s partnership with Sodexo will further enhance Jio’s endeavor to deliver the benefits of evolving digital technologies to every Indian and allow them to live Digital Life to the fullest. The integration will bring convenience and new digital transaction options for both JioMoney and Sodexo users in India. Going forward both brands will leverage core strengths, develop synergies and expand their reach and presence in India’s growing digital ecosystem.”

Stephane Michelin, CEO Sodexo Benefits and Rewards Services India said, “At Sodexo, we constantly strive to enhance the consumer experience by expanding the ways to use the Sodexo Meal card within our proprietary network. Our endeavor has been to improve the retail experience for our 3 million daily users. With this partnership, JioMoney MPOS system will help segregate the food & non – food items among standalone, smaller merchants, which will further strengthen Sodexo’s position as a compliant meal benefit solution in the country.”

 “We believe that the need is to expand the network of acceptance of our products and services. On the B2B front, we are tied-up with 11,000 corporates in India,” he added.

In April, Reliance Industries' payments bank venture Jio Payments Bank started commercial operations from Tuesday, the Reserve Bank of India (RBI) said in a statement.

Sodexo’s proprietary meal benefit solution, Sodexo Meal Pass can be linked to the JioMoney App for making quick payments on-the-go, a Jio release today said.

Consumers no longer have to carry the Sodexo’s physical card for the purchase of food and non-alcoholic beverages. They can simply add the Sodexo Meal Card balance to the JioMoney app and start transacting on-the-go. Jio and Sodexo will continue to work together to accelerate adoption of services offered by both the brands.

The solution has already been launched in Mumbai and the consumer response has been excellent. The JioMoney solution will be enabled at all Sodexo accepting merchants nationally over a period of time. This partnership between JioMoney and Sodexo, both being leaders in their respective spaces brings high levels of domain expertise will bring about a radical change in the payments landscape across the country.