- The platform combines multiple employee allowances into a single digital wallet and allows employees to allocate benefits across categories such as meals, fuel, telecom, books, periodicals and electronic gadgets.
- Employees can make payments by scanning UPI QR codes at more than six crore merchants, rather than using separate cards or restricted merchant networks for each benefit category.
- The system aims to simplify employee-benefit administration, reduce paperwork and give employees greater freedom in using allowances while helping employers maintain category-wise controls and tax-compliance records.
- The service is available to enterprise, mid-corporate and SME customers through digital onboarding. OmniCard also plans API-based integrations with banks, payroll platforms, HRMS providers, staffing companies and compensation consultants.
Question:
Q1.Which company launched India’s first Flexi Benefits Basket on UPI on July 27, 2026?
a) Razorpay
b) OmniCard
c) PhonePe
d) Paytm
Answer: b) OmniCard, operated by Eroute Technologies Private Limited, launched the Flexi Benefits Basket to combine employee allowances such as meals, fuel, telecom and books into one digital wallet.
