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DXC Technology and Pluxee to Optimize Transaction Processing and Benefits for 7.1 Million Users in Brazil

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DXC Technology (NYSE: DXC) has announced a partnership with Pluxee, a global employee benefits and engagement provider, to process benefit card transactions for 7.1 million users in Brazil. DXC will handle up to 400 transactions per second, focusing on secure and agile processing of contactless card activities. This collaboration aims to enhance user satisfaction, loyalty, and retention through features like cashback on purchases.

Fernando Radunz, Executive Director of IT and Payments at Pluxee Brazil, emphasized the importance of this partnership in maintaining their market leadership. Ricardo Ferreira, General Manager of DXC Technology Brazil and Latin America, highlighted DXC's role in supporting Pluxee's transformation towards a more digital, modern, and innovative company.

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Positive

  • Partnership with Pluxee to process transactions for 7.1 million users in Brazil
  • Capability to handle up to 400 transactions per second
  • Potential to increase user satisfaction, loyalty, and retention rates
  • Expansion of DXC's presence in the employee benefits sector

Negative

  • None.

News Market Reaction 1 Alert

+1.58% News Effect

On the day this news was published, DXC gained 1.58%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Partnership Aims to Increase Satisfaction, Loyalty, and Retention Rates of Pluxee Cardholders

SÃO PAULO, Aug. 27, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, announced today that it will collaborate with Pluxee, a major global partner for employee benefits and engagement, inheriting the legacy of Sodexo Benefits and Rewards, to process benefit card transactions for the company's 7.1 million users in Brazil.

The Pluxee Card helps create opportunities for business by linking recognition, incentive, and employee benefits strategies into one digital payment mechanism. The company handles up to 400 transactions per second between cardholders and commercial entities, enabled by transaction speed and service reliability. 

DXC will provide secure and agile processing of contactless card activities, one of Pluxee's digital benefits, which offers cashback on purchases made with the cards to enhance user satisfaction, loyalty, and retention. 

"2024 has been a crucial year in our history, strengthening our brand and bringing new products and experiences to the market to maintain and improve our leadership in an increasingly challenging and competitive sector. We believe this partnership between Pluxee and DXC is vital to achieving our goals, leveraging technological expertise to drive the innovation needed to meet market challenges," said Fernando Radunz, Executive Director of IT and Payments at Pluxee Brazil. 

"We are bringing our engineering expertise to assist Pluxee in its transformation journey, directly contributing to a seamless experience for the brand's new positioning as a more digital, modern, and innovative company," said Ricardo Ferreira, General Manager of DXC Technology Brazil and Latin America. "With over two decades of experience in the digital card payment market, we are well-positioned to help Pluxee exceed user expectations and maintain its position as the most comprehensive provider of employee benefits in the sector."

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dxc-technology-and-pluxee-to-optimize-transaction-processing-and-benefits-for-7-1-million-users-in-brazil-302231570.html

SOURCE DXC Technology Company

FAQ

What is the purpose of DXC Technology's partnership with Pluxee in Brazil?

DXC Technology will process benefit card transactions for Pluxee's 7.1 million users in Brazil, aiming to optimize transaction processing and enhance user satisfaction, loyalty, and retention rates.

How many transactions per second can DXC handle for Pluxee's benefit cards?

DXC can handle up to 400 transactions per second between Pluxee cardholders and commercial entities in Brazil.

What specific service will DXC provide for Pluxee's benefit cards?

DXC will provide secure and agile processing of contactless card activities, including cashback on purchases made with Pluxee cards.

When was this partnership between DXC Technology (NYSE: DXC) and Pluxee announced?

The partnership was announced on August 27, 2024.
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