Why choose a dedicated vacation payment card?
Considerable time savings for the company
The payment card offered by Treezor is linked to a dedicated vacation wallet, which simplifies the process of distributing vacation benefits to employees. With just one click, you can replenish the wallet to which the employee’s card is linked.
In addition, the payment card can be sent directly, at the discretion of the CSE or the employer, either to the employee’s home or to the company’s premises, with fast delivery times.
This solution offers a considerable advantage in the management of the CSE’s social and cultural activities. By opting for the payment card, the company saves valuable time and reduces the risk of errors and losses in the distribution process.
Budget transparency, optimal security and an extensive acceptance network
The payment card dedicated to vacation, sports and leisure allowances is a recent but disruptive innovation on the market that offers several major advantages. By opting for this type of card, the CSE retains control over its budget for social and cultural activities, as it recovers 100% of unused amounts at the end of the period of use of the allowance by employees.
This solution is also a secure way to distribute vacation, sports and leisure subsidies to both employees and elected representatives. In the event of loss or theft, the card can be immediately blocked by the employee who holds it.
The card is linked to the CSE or employer’s payment account dedicated to social and cultural activities and can be used by employees across an extensive network of eligible merchants, both domestically and internationally. Offering great flexibility of use, it allows employees to pay for their vacations both online and in physical points of sale.
Treezor’s solution takes advantage of its compatibility with Mastercard® or Visa to offer an extensive acceptance network. This broadens the range of options available, as the vast majority of websites and stores accept Mastercard® or Visa payment within the European Union, and payments are accurate to the nearest cent.
Possible social security exemptions and tax deductions
The allocation of vacation, sports and leisure allowances entitles you to social security exemptions and tax deductions, subject to compliance with the allocation rules defined by URSSAF‘s administrative doctrine and certain general principles such as: the benefit is not systematically allocated to all employees of the company, the allocation of the benefit is personalized according to the employee’s personal situation, and the principle of equal treatment between employees is respected.