Edenred-style employee benefits with the float removed — fund restricted-spend wallets that authorize closed-loop at your own merchants, at cost.
Edenred-style employee benefits, with the float removed. Fund restricted-spend wallets — meal allowances, fleet/fuel cards, gift and incentive balances, corporate AP — that only work at the merchant categories you choose. Spend authorizes closed-loop at Turtini merchants in real time, pays the merchant in full with zero fee, and posts straight to your books.
What's included
Four pillars on one wallet spine: meal & wellness, fleet & fuel, gift & incentive, corporate AP
MCC-locked spend — a wallet only works at the merchant categories you choose
Closed-loop authorize at Turtini merchants: rule checked, balance decremented, merchant paid in full, zero fee
Funding configurable per program — employer fringe, employee pre-tax deduction, or split match
Funding + zero-fee settlement journal entries post themselves to Accounting
Fleet wallets bind to a vehicle and capture the odometer at every fuel swipe
Employees own a portable Verified-by-Turtini benefit-history credential carried between employers
About this module
Allowance lives at /allowance for the employer and /me/allowance for the employee, and it rebuilds the prepaid-benefits business — meal vouchers, fuel cards, incentive cards — on Turtini's own rails. You define a program: pick a pillar (meal, fleet, gift, or corporate AP), a funding model, a per-period budget, and the merchant categories it unlocks via MCC locks. Enroll a worker and the system mints them a benefit wallet they own. The funding model is yours to choose per program: an employer-funded fringe that never touches the employee's take-home pay, a pre-tax payroll deduction in the 401(k)/HSA mold, or a split where you match the employee's contribution. Every dollar funded posts a journal entry to Accounting automatically.
The difference from Edenred is the float. A traditional benefits processor sits between the employer funding the card and the merchant accepting it, and earns on the money resting in between. Turtini already owns the merchants — Retail, Restaurant, the marketplace — so a swipe authorizes closed-loop, in real time, inside a single transaction: the rule is checked, the balance is decremented, and the merchant is paid in full. There is no resting balance to earn on and no per-transaction toll layered on benefit money. The employer draws down its own wallet liability and the merchant is made whole; that is the entire settlement.
And the benefit follows the person. The wallet balance is server-authoritative — no client can self-credit it or spend past its category locks — and the first time a wallet is funded, the employee receives a portable Verified-by-Turtini benefit-history credential they carry between employers. Fleet programs bind a wallet to a vehicle and capture the odometer at every fuel swipe. Pre-tax and split wallets fund automatically from each paycheck; employer-fringe wallets top up on a schedule. Whether you are running a daily meal benefit for an office or a fuel program across a delivery fleet, every rule and every cent is visible on-rails.
What you can do with it
Stand up a daily meal benefit that only works at restaurants, groceries, and transit — funded by you, not deducted from pay
Run a fleet fuel program locked to gas stations, with the odometer captured on every swipe
Match an employee's pre-tax wellness contribution and watch both halves fund straight from payroll
Issue gift and incentive balances that spend closed-loop at your own stores
Watch every funding and settlement entry post itself to Accounting, with the merchant always paid in full and no Turtini fee
Get this module
Free for all Turtini organizations.
Who it's for
- Employers who want to offer meal, transit, wellness, or fuel benefits without handing a processor the float
- Companies running vehicle fleets that need fuel cards with real category and per-vehicle controls
- Any business that already sells through Turtini and wants benefit spend to settle on its own rails at cost
Details
- Category
- Finance
- Pricing
- Free
- Built by
- Badge
- Beta