Happay, a business expense management solution, has tied up with RBL (Ratnakar Bank) to launch “Business Expense VISA Card.” The expense management solution consists of a VISA card which works on a centralized platform allowing the management to have visibility and control of money spent.
All purchases done from this card are auto-captured on the Happay platform. Employees can snap photos of receipts, record cash expenses and submit expense reports in minutes, on-the-go.
Anshul Rai, CEO & co-founder, happay said, “We’re delighted to partner with RBL Bank and VISA to bring a new-age solution for businesses in India. The initial results from our pilot customers have been very encouraging and we’re pleased to now take this solution to the broader market.”
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RBL Bank currently has a network of over 180 branches and 350 ATMs across 12 Indian states and is aiming at bringing disruptive banking technologies.
Ritesh Pai, Senior Vice President and Head Direct Banking Channels, RBL Bank, commented, “The bank is committed to partner with innovative digital companies to ease the cumbersome process of manual dealing of expenses and accounting departments to cover expense outlays . This partnership is in the direction leading to development in B2B forefront..We are excited to partner with happay, as it will change the way businesses manage and report their expenses going forward.”
Happay is a Bangalore based, mobile and cloud based expense management solution which was founded in 2012 by Anshul Rai and Varun Rathi.