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!