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.