Thursday, 02 December 2021 10:00 GMT

FinTech company Zaggle Offers Gift Cards to Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit


(MENAFN- Equations Media) National, November 24, 2021: Leading FinTech player Zaggle, today offered Zaggle Edge Gift Cards (a pre-paid card and all in one corporate gifting platform) to the members of Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit Society Ltd(RCF). The society collaborated with Zaggle on the 43rd Annual General Meeting to incentivize their members.
More than 2600 + members of the society received Zaggle’s Edge Gift Cards. While other companies are still offering physical gifts to their employees, members of Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit Society wanted to do something different for their members this year to appreciate their contribution to Society. Gift cards worth INR 4000 each were distributed to the members along with their annual dividends. They have the leeway to utilize the cards as they like across Online and Retail and have complete control over it. Moreover, Zaggle’s next generation mobile application will make it easier for the users to track and monitor the usage of the cards. Zaggle handed over the Gift Cards in the presence of RCF’s President Mr. Deepak Salwankar along with other key members of the society.
Commenting on the occasion, Mr. Raj N., the Founder and Chairman of Zaggle stated, “The entire purpose of Zaggle Edge is to provide a seamless and hassle-free digital gifting experience. We are glad to be associated with PSUs like Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit Society Ltd. who are willing to take one step ahead to digitize their workforce. It is working with such sectors that complete the motive for creating such a platform and adds on to our success of digitizing organisations. I am extremely delighted to see that it’s not only the corporates, but government sectors too are going entirely digital for their members.”
Commenting on the association, Mr. Mudgerikar, the head of RCF stated, “We take a plenty of initiatives every year to keep our members motivated and engaged. Zaggle’s Edge Gift Cards will help us to walk the extra mile for our employees to incentivize them and bolster their productivity. Gifting digital cards to our employees instead of physical gifts will be something new and unique for our employees. Zaggle has really helped us progress in our constant efforts of encouraging our members here.”
About Zaggle:

Zaggle is a B2B2C Fintech company digitizing spends to drive growth and unlock value through innovative and automated workflows. The company began its journey in 2011 with the vision of developing a digital ecosystem that would connect corporations and their users with partner merchants through its innovative FinTech solutions. Since its inception, Zaggle has been working on evolving technologies that have helped the company to develop relevant solutions and platforms that are in raging demand in the contemporary times. Our specialty lies in arraying cutting edge technologies viz., AI (Artificial Intelligence), ML (Machine Learning) and OCR (Optical Character Recognition) which are conducive in facilitating a seamless experience to our users. At present, Zaggle is closely working with IndusInd, RBL and YES Bank and RuPay, VISA and MasterCard.

Currently, Zaggle has 4,500+ clients and over 4.5 million users. The company has offices across 10 cities with around 200+employees and is geared towards building a network agnostic payment
system while providing a seamless customer experience.

Zaggle’s Solutions:

•Expense Management System (EMS): EMS is an easy to use, simple platform that facilitates the seamless storage of bills and expenses of employees which can be reviewed by employers in real time and reimbursed in a jiffy. The platform also enables companies to track their business expenses end to end. The platform is powered by AI and ML which can easily identify and duplicate bills and helps companies save more annually.

•Propel: Propel is a channel incentivization and employee rewards & recognition program that enables companies to communicate, engage, motivate and reward its employees and channel partners to drive growth. It helps in solving the intricate issues that involve the management of the complete lifecycle of sales incentives right from the development of schemes until the end-users receive it including analytics and reconciliation. This platform manages all your reward programs from a single integrated platform to increase productivity, greater profitability and reduced attrition.

•Save: Save is an employee benefits and tax-saving platform that enables corporate employees to save on their taxes through meals, periodicals,books, etc. The entire process is digital which facilitates complete transparency in terms of the spend being on the correct category and making the process entirely compliant in line with the statutory law.

•Edge: Edge is a prepaid product platform that enables corporates to manage various spending needs such as gifting, payment for contract employees and gig workers, and it also facilitates advance payments to contractors and employees. Digital / Virtual versions of the cards are also available.

We have issued more than 200 million cards since the inception of Edge.

About Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit Society Ltd
Rashtriya Chemicals & Fertilizers Employees' Co-operative Credit Society Ltd is a Govt. of India Undertaking Firm (PSU). They produce Chemicals & Fertilizers. One of their units is present at Trombay, Chembur, Mumbai and the other unit is at Thal, Alibaug, Raigad in Maharashtra. Headquartered at Sion, Mumbai, RCF is a Miniratna Company.

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