Food & Fuel wallets that will help your employees turn daily spending into exclusive employee benefits
100+ businesses onboarded and growing
5,000+
Employees trust us
₹2.50 Cr+
Saved in taxes
100%
Compliance maintained
Trust in our
Compliance & Certification
when it comes to your data security and privacy.
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AICPA SOC 2 certified
ISO 27001 certified
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Comprehensive benefits
Pazcard lets you offer multiple benefits like food wallet, fuel wallet, telecom wallet and much more.
Open network
As employees get a physical card, they can use the wallet money even at non partner merchants
Powerful dashboard
From assigning benefits to tracking balances and invoices, manage everything in one place.
When I founded Wint Wealth, I knew our employees deserved the best. So we adopted both Pazcare’s insurance and their innovative Pazcard.
With Pazcard my employees are now able to save taxes on their food and fuel expenses. Whether ordering food online or buying groceries at supermarkets our employees use Pazcard on a daily basis.
Ajinkya Kulkarni
CEO & Co-Founder
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When we wanted to give more employee benefits, Pazcard was the answer to our needs.
Their competitive pricing and diverse benefits - from food, fuel, telecom, to gifts wallets elevated our employee perks. What sealed the deal was their flexible, supportive team. Now we’re offering more and better, without breaking the bank.
Umang Mehta
Sr Operations Manager
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*Allowances are provided according to the terms & conditions of the organization. Tax exemption applies as per the govt. prescribed limit.
Have questions? We are here to help
The government has allowed a few components to be a part of your CTC and save tax on the same. These can be either allowances or reimbursements. These components namely are 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 Pazcare 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 Pazcare.
Yes, the money credited to the food wallet is tax-free.
To set up the Pazcare wallet, download the Pazcare mobile app for employees. Sign up and submit the documents required for proof of verification. After that complete the KYC process to start using the Pazcare food wallet or any other Pazcare wallet. You can also request a physical VISA payment card for your offline transactions.
All your wallet transactions can be tracked inside the Pazcare mobile app for employees.
The money credited to your food wallet and gift wallet does not 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 money unused money present in those wallets is taxable.
Only the unutilised balance of the Meal and Gift wallet be carried forward to the next year.
The Pazcard is valid for 5 years.
Employees can make online payments using the Pazcard details and physical payments using the physical visa card.
Visit the Pazcare app, and click on Pazcard from the bottom panel. Next, click on “Card Controls” from the top panel and then click on “Card Settings”. There will be an option to request a physical card.
If lost or stolen, first, enable “Lock Pazcare Card'' and then scroll down and click on “Report Lost/Stolen Card” if you want to reorder your card. Your virtual card will be active immediately and you can reorder your new card from the card control section.
The employee will be deactivated and no further amount can be loaded into the wallets by the employer. However, the employee will be free to use the balance on the card. It will purely depend on the employer if they want to charge tax on the unutilised amount on the wallets (except meal and gift wallets) before deactivation.
If you wish to request the closure of your card/wallet,
please click on the link below to proceed:
https://transcorpint.com/card-closure
Ready to give yourself and your team the best employee benefits experience?
Day in the life of a Pazcard user.
Best pricing for you.
Best claim support for your team.
AICPA SOC 2
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ISO 27001
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ISNP
App for employees
Caring for your team is now easy and affordable
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