One 97 Communications Limited (OCL), the parent company behind Paytm, India’s premier payments and financial services distribution company, has launched a health and income protection plan exclusively for its merchant partners.
The ‘Paytm Health Saathi’ plan, available via the ‘Paytm for Business’ app, offers an array of comprehensive healthcare benefits and income protection starting at Rs. 35 per month.
This initiative is part of Paytm’s ongoing commitment to support its extensive network of merchant partners by providing affordable and extensive healthcare benefits.
The introduction of ‘Paytm Health Saathi’ is aimed at safeguarding the wellbeing of merchants, ensuring both their health and business continuity are protected.
Comprehensive Coverage at an Affordable Cost
Starting at a nominal subscription fee of Rs. 35 per month, the ‘Paytm Health Saathi’ plan offers unlimited teleconsultations with doctors. This service is powered by MediBuddy, one of India’s leading digital healthcare platforms.
Additionally, the plan includes in-person doctor visits (OPD) within a network of partnered healthcare providers, ensuring that merchants have access to essential medical services when needed.
Income Protection for Business Continuity
A notable feature of the ‘Paytm Health Saathi’ plan is the income protection cover.
This cover is designed to safeguard merchants from potential business interruptions caused by accidental injuries, natural calamities such as floods and fires, or strikes.
This income protection ensures that merchants can maintain business continuity even during unforeseen events.
Additional Benefits
Merchants subscribing to the ‘Paytm Health Saathi’ plan also benefit from discounts at leading pharmacies and on diagnostic tests, making healthcare more accessible and affordable.
The claim process for these benefits is streamlined and can be completed effortlessly within the ‘Paytm for Business’ app, allowing merchants to focus on their businesses without worrying about administrative hassles.
Paytm’s Commitment to Merchant Welfare
A Paytm spokesperson emphasized, “The launch of Paytm Health Saathi underscores our steadfast commitment to ensuring the welfare of our merchant partners. This initiative is part of our mission to equip them with comprehensive and affordable coverage that supports their continued operations. By offering tailored solutions, aligned to their needs, we aim to strengthen the robust support system we provide to our community of business owners.”
Successful Pilot and Nationwide Rollout
The pilot for ‘Paytm Health Saathi’ began in May and has already seen significant success, with over 3000 merchant partners availing the plan.
Following this positive response, Paytm has expanded the availability of this feature to all its merchants, reinforcing its dedication to democratizing access to affordable healthcare and financial protection.
About Paytm
Paytm is India’s leading mobile payments and financial services distribution company.
As the pioneer of the mobile QR payments revolution in India, Paytm is dedicated to building technologies that assist small businesses with payments and commerce.
The company’s mission is to bring half a billion Indians into the mainstream economy through the power of technology, empowering them to thrive in a digital world.
With the launch of ‘Paytm Health Saathi,’ Paytm continues to lead the way in supporting small businesses, providing them with the tools and resources needed to thrive in today’s dynamic economic environment.
