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OmniCard Launches India's First Flexi Benefits Basket on UPI
📅 Published 29 Jul 2026 · july 2026
OmniCard Launches India's First Flexi Benefits Basket on UPI
- Who: OmniCard Platform developed by Eroute Technologies Pvt Ltd launched India's first Flexi Benefits Basket on UPI.
- What: Single employee-controlled digital wallet for tax-efficient spending across multiple benefit categories.
- Built on: RBI-licensed Prepaid Payment Instrument platform, usable at ∼60 million UPI-accepting merchants.
- Features: Efficient benefit administration and tax compliance, allocate benefits across meals, fuel, telecom, books, periodicals, gadgets etc with Merchant Category Code based spending controls.
- About OmniCard: Launched July 2021 as AI-powered corporate spend management platform.
- UPSC Relevance: GS3 - Digital Payments, UPI innovation.
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UPSC