Why Carry Multiple Cards in your Wallet when you can have Multiple Wallets in one Card?

Tax deductions are done to reduce your tax bills. Since this exercise increases your savings people get interested and motivated towards them. The most popular benefits available to employees are fuel & mobile reimbursements, meal vouchers, bonuses etc. Although these benefits drive the employees positively but, the process of claiming for reimbursements is very tedious. Some organizations where multiple benefits are provided, it becomes very chaotic to disburse various amounts to various accounts – some to food coupons, some to account, some to fuel card. The employers have started to lose interest in such programmes because they feel that the burden of managing & controlling such expenses in much higher than the benefit it offers to  the employees. Not just that, the companies who are discontinuing such benefits have stated employee opt-out as a major reason. Employees usually opt out of such schemes because of 2 reasons – firstly, they are lured towards higher in-hand salaries by opting out of tax benefits ; secondly, reimbursement is a complex and time consuming process.

Let’s take a look at the types of cards/instruments an employee carries to avail all the benefits he/she receives. They may have a credit card, debit card, petrol reimbursement card, food coupons, identity cards, medical claim cards etc. So basically,  to find the balance amount in each of the cards, they either have to be dependent on their work portals or mails or sms. In addition to that, they would have no track of where have they spent the money. Carrying so many cards, tracking the spends and checking balance in each one of them would turn out to be very troublesome for the employees.

Wish there would be a card that would help you and your employees reduce the hassle of managing too many cards at the same time? Check out OBOPAY Cards here https://www.obopay.com/obopay-card/ that takes you to the world of convenience. This powerful card holds multiple digital wallets such as food wallet, fuel wallet, primary wallet etc. The OBOPAY card is backed by an consumer app and a web portal to help you manage and control your card on the go. To know more, contact us : https://www.obopay.com/contact-2-2/

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