EnKash Launches India's First Meal Card with UPI Payments
EnKash, India's business payments and spend management platform, announced the launch of UPI-based payments on its Meal Card, making it the first provider in India to enable direct UPI payments from a meal benefit balance. Employees can now scan eligible UPI QR codes at food and grocery merchants using their meal card balance. The solution combines UPI convenience, RuPay acceptance, and tax-efficient benefits, with employees eligible for up to ₹1,05,600 annually as a tax-free meal benefit under revised Income-tax reforms. The card includes merchant category-based spending controls, physical and virtual options, real-time transaction visibility, and centralized management for employers. EnKash's Head of Product, Priya Sharma, highlighted that the launch brings together RuPay, UPI, and tax efficiency to deliver a seamless digital-first employee benefit experience.
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