Current Affairs - Banking - Discussion

Kotak Mahindra Bank in collaboration with financial technology firm Zeta has launched a multi-wallet digital prepaid solution for salaried employees named 'Paymint'. It will be able to manage multiple reimbursements and allowances offered to employees including meal vouchers, medical reimbursements, travel allowances, conveyance and other similar allowances. Paymint will not only help corporate to get rid of cumbersome process of executing employee benefits programme but will also simplify the process for employees.