The new band of business will attempt anon with absolute players like Sodexo and Ticket Restaurant which affair concrete coupons at present.
With this affection the administration can anon top-up the credits for their advisers on a adjustable daily, account or annual basis.
“The better allurement for corporates to use our Aliment Wallet is the accessibility it offers. Administration can use their laptops to instantly alteration money to aliment wallets of advisers based anywhere in the country after any hassles of procuring, administration and distributing beefy coupons and cards. The Aliment Wallet comes with the complete apartment of in-app aegis featu res accessible on Paytm such as app lock password, two-factor affidavit and passcode amid others,” said Kiran Vasireddy, chief carnality admiral at Paytm.
ET appear in March that RBI has issued guidelines for all prepaid meal vouchers to go agenda by end of 2017 with companies like Sodexo and others already affective to a prepaid agenda format. With this launch, Aliment Wallet is targeting the 6 actor agent base.
Vasireddy added that the Aliment Wallet was launched at the appropriate time, allowance advisers clue their expenses.
The affection additionally allows advisers to clue accessible antithesis and locate outlets which would acquire the acquittal application the ‘nearby’ affection on the wallet. The wallet can be acclimated at appointment cafeterias and at an online and concrete outlets allotment of the Paytm network. These accommodate KFC, Burger King, Zomato, Pizza Hut, Café Coffee Day and Big Bazaar amid others.
The affection is alive in over 10 accumulated offices, said the aggregation representatives. Paytm app currently has over 200 actor users.
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