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Paytm has launched a one-of-its-kind Food Wallet, which allows companies to offer tax-free food allowance to its employees. The wallet, which is part of the main Paytm app, essentially rivals existing food coupon services that are offered to employees for paying for their food bills and availing discounts on select outlets. The Paytm Food Wallet aims to provide flexibility and ease of adding credit to the employees’ accounts.
The Food Wallet balance is tucked neatly under the Passbook option on the Paytm app. The credit in the wallet is redeemable at office cafeterias along with a range of online and offline food outlets which include KFC, Burger King, Zomato, Pizza Hut, Café Coffee Day and Big Bazaar among others. The wallet credit also supports online food ordering from platforms such as Swiggy and Zomato. Employees will also be offered exclusive deals, discounts, and cash back as part of the Food Wallet. Additionally, employees can also use ‘nearby’ feature of the Paytm app to locate the closest food outlet.
Paytm Food Wallet launched to take on Sodexo and Ticket Restaurant; here’s how it works
The Food Wallet balance is tucked neatly under the Passbook option on the Paytm app. The credit in the wallet is redeemable at office cafeterias along with a range of online and offline food outlets which include KFC, Burger King, Zomato, Pizza Hut, Café Coffee Day and Big Bazaar among others. The wallet credit also supports online food ordering from platforms such as Swiggy and Zomato. Employees will also be offered exclusive deals, discounts, and cash back as part of the Food Wallet. Additionally, employees can also use ‘nearby’ feature of the Paytm app to locate the closest food outlet.
Paytm Food Wallet launched to take on Sodexo and Ticket Restaurant; here’s how it works