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Sodexo Coupons becomes invalid?

TechnoparkToday.com >> Many of the retail store chains and other shops have stopped accepting the sodexho coupons, or informed their customers that they are going to stop accepting the sodexo coupons soon.Most of the companies are giving sodexho coupons to their employees as part of their compensation packages, and techies are really worried, since these coupons would be invalid as they are not being accepted.

Many Supermakets, restaurants, food chains and branded malls like Reliance, Spensers, Bigbazaar, Domino’s, Chicking, Subway etc were accepting the sodexo coupons. But some supermarkets and other shops were charging 3-5% extra( Read Our published story Here ) for the sodexo payments, and that was a concern for many.

Techies and companies are still surprised to hear this news from the retailers and shop owners, and the reason behind this quick decision.

One of the retailers told to TechnoparkToday that, ” Accepting soxdexo will bring us more customers, especially techies, but getting everything in sodexo make us difficult to run the business, the company will pay money only after 20-25 days, and that too only 95% of the amount. means if we submit sodexo for Rs.100, we will get only Rs.95, that even after 25 days.it makes us difficult to pay our suppliers and employees and daily expenses”. and according to the shop owners, the credit card transaction is much more better, since they transfer money within 24 hours.

Most of the companies are paying sodexo coupons upto Rs.3000 to their employees. In some companies it is a part of their monthly compensation, and in some places its an optional. employees are opting the sodexho coupons to avil some tax deduction. but the interesting fact is they usually spending this coupons without any care, as they did with the hard cash!

 

       

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10 comments

  1. yes one of the retail chains in trivandrum told me that they will stop accepting the sodexo coupons form this month. thanks for publishing the news, so that i can unsubscribe the sodexo meal pass from next month onwards.

  2. I think its time to move to food cards from Sodexo coupons. Many companies have already adopted this idea. Food card is similar to debit/credit card but it can be only used in restaurants and retail markets similar to Sodexo. Its also very convenient because you don’t have to carry the coupons.

  3. @Shaiju,

    Food Cards also carry tax benefits? Any urls to any providers?

  4. You are right. Food card are debit/ credit card and have problems of compliance on tax law. Check the product thoroughly and you will find that the company could get into trouble due to loose controls on card. I know of a food card that was swiped at a petrol pump.

  5. @PraVeeN, Food card works the same way as Sodexo.

  6. still, what is the use of the sodexo coupons other than saving a few hundrad as tax? for saving hundreds, we are spending thousands for purchasing unwanted things with sodexo. most of the times, we wont value the sodexo as the hard cash. we will simply spend the sodexo, as we get it for FREE.

    so stopping sodexo is the good thing. it can even save some paper.

  7. I am a emplyee of ARPL, bangalore.where i will get encashment of sodexo coupons.

  8. Hi,
    If any one willing to sell sodexo coupons at 10% discount can contact me.
    drop an email @

    [email protected]