Bulgaria is currently undergoing a substantial transition from traditional paper-based food vouchers to the modernized realm of electronic equivalents. Over time, many employers in Bulgaria have extended food vouchers as an additional benefit to their employees, complementing their monthly salaries. These vouchers have been paper based, necessitating physical delivery, signatures, and meticulous record-keeping procedures. This conventional approach posed challenges for both employers and chain stores, prompting a demand for a more efficient and contemporary solution. In response to these challenges, recent amendments to the State budget have paved the way for a significant transformation – the migration from paper to electronic food vouchers.
This transition will begin next year, with a seven-month period which both paper and electronic vouchers will coexist. Employers will be given the flexibility to opt for the most suitable type for their employees, with the electronic format offering distinct advantages.
The electronic food vouchers, available in cards or fully mobile/virtual form, will mark a departure from the cumbersome paper-based system. During the transitional period, employers will have the option to choose either format for their employees, but after the designated timeframe, only electronic vouchers will be utilized. Notably, paper meal vouchers will still be valid until their expiration after this transition period.
Read more at Eurofast International blog here
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