Our corporate solutions: Allowance Wallet

Paytm
Paytm Blog
Published in
1 min readOct 16, 2020

This wallet has been specially created for corporate needs. Now you can transfer allowance amount to this dedicated wallet for your employees for specific purpose which can be spent at specific stores according to their need which may include shopping online, making payments at outlets and food joints, paying bills, doing recharges etc.

So what are the Allowance wallet benefits for Employer? Let’s see:

  • Convenient: No hassle of procurement, handling and distribution of cards/vouchers
  • Effective: Do it yourself; Digital facility to send benefit instantly
  • Secure: Set user rights as per company policy; Bank and peer transfer not allowed

Now let’s look at the benefits for the Employees:

  • Delightful: India’s largest proprietary network of merchants; Exciting offers
  • Safe: No carrying cards or coupons; No risk of loss or expiry
  • Easy: Pay through mobile; Instant balance check; Locate stores in app

For your ease, we provide you the access to Corporate Panel from where you can easily disburse funds, control and keep a check on all transactions made. So, ready to get started?

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