Economy, Banking and Finance · 24 July 2026
EnKash Launches India’s First UPI-Enabled Meal Card
Exam-focused facts from the 24 July 2026 current affairs briefing.
Key facts
- EnKash has launched India’s first UPI-enabled meal card, enabling employees to make payments by scanning UPI QR codes at food and grocery merchants.
- Under revised income-tax reforms, employees can receive up to ₹1,05,600 annually as tax-free meal benefit, subject to a limit of ₹200 per meal.
- The meal card is supported by RuPay network and includes merchant category-based spending controls.
- Employers can issue cards, load meal balances, set spending controls, and track transactions through a centralised platform.
- EnKash is a full-stack payments and spend management platform serving over 5,000 businesses.