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Meal voucher firms like Sodexo must switch to digital format by 2017

Meal voucher firms like Sodexo must switch to digital format by 2017

Wednesday, March 22, 2017, 12:25 PM

India's first currency for cashless shopping, the railway-ticket sized booklet of meal coupons, will cease to be legal tender next year: Sodexo and Ticket Restaurant, whose prepaid meal vouchers form part of the perquisites and rewards at many companies, must go digital by end 2017. RBI guidelines for prepaid payment instruments require all meal-voucher companies to switch over to electronic formats.
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