Paytm Launches ‘Paytm Health Saathi’ to Empower Merchant Partners with Healthcare

One 97 Communications Limited (OCL), the parent company of Paytm, India’s leading digital payments and financial services platform, has launched a new initiative, ‘Paytm Health Saathi,’ specifically designed for its merchant partners. ‘Paytm Health Saathi’ is an exclusive health and income protection plan available through the ‘Paytm for Business’ app.

Supporting Merchant Wellbeing and Business Continuity

This launch underscores Paytm’s commitment to its vast network of merchants. ‘Paytm Health Saathi’ aims to provide affordable and comprehensive healthcare benefits, ensuring the well-being of merchants and safeguarding their business continuity. This initiative empowers merchants by offering them the following:

• Affordable Healthcare Coverage: Starting at just ₹35 per month, the program provides access to essential healthcare services at a competitive price point.
• Enhanced Resilience: The income protection cover provides financial support in case of business interruptions caused by unforeseen circumstances, such as accidents, natural disasters, or strikes.

Comprehensive Healthcare Services

Paytm Health Saathi offers a range of valuable healthcare services:

• Unlimited Doctor Teleconsultation: Merchants can connect with doctors anytime, anywhere, through the platform’s teleconsultation service.
• In-Person Doctor Visits: The program also provides access to in-person doctor consultations within Paytm’s partner network, catering to situations requiring a physical examination.

Additional Benefits and Streamlined Claims

The doctor teleconsultation service is powered by MediBuddy, a leading healthcare platform. This partnership provides merchants with additional benefits, such as discounts on medications and diagnostic tests. Furthermore, the claim process is designed for ease and convenience. Claims can be submitted through the app with minimal clicks, minimising disruption to merchants’ businesses.

Since its launch in May, more than 3,000 merchant partners have taken advantage of the ‘Paytm Health Saathi’ pilot programme. The business launched this tool for all of its merchants earlier this month after seeing early success.

‘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.’ said a Paytm spokesperson.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.