Pazcard
Tax-saving employee benefits platform with flexible wallets and insurance solutions
About Pazcard
Pazcard offers tax-saving employee benefits through flexible wallets for food, fuel, telecom, and more. Employees can save up to ₹88K annually under the new tax regime while enjoying seamless spending across online and offline merchants. Employers benefit from a powerful dashboard to manage benefits, track balances, and ensure compliance with AICPA SOC 2 and ISO 27001 certifications.
FAQ
Pazcard offers tax-saving employee benefits solutions such as meal/grocery, fuel & driver salary, gifts, telecommunication and internet, books and periodicals, learning and development, gadgets and equipment, health and wellness, office wear, and leave travel allowance (LTA).
The Pazcard food wallet is accepted by a wide variety of merchants ranging from apps like Swiggy, Zomato, Zepto, etc., to your local supermarket. Both online and offline transactions can be made using your food wallet from Pazcard.
Yes, the money credited to the food wallet is tax-free.
To set up the Pazcard wallet, download the Pazcard mobile app for employees, sign up, submit the required documents for proof of verification, complete the KYC process, and request a physical VISA payment card for offline transactions.
All your wallet transactions can be tracked inside the Pazcard mobile app for employees.
The money credited to your food wallet and gift wallet does not expire at the end of a financial year. Other wallets like fuel wallets, allowance wallets, telecom wallets, etc., expire at the end of a financial year, and the unused money present in those wallets is taxable.
Only the unutilised balance of the Meal and Gift wallet can be carried forward to the next year.
The Pazcard is valid for 5 years.
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