Frequently Asked Questions

Happay is an intelligent and intuitive expense management solution consisting of Happay Prepaid Visa® Cards that can be managed and controlled via desktop and mobile.

Employees use Happay Prepaid Cards for business expenses like travel, fuel, accomodation, utility payments, petty cash expenses etc. Company admins allocate money on cards, track expenses, set spending limits and policies - right from their web or mobile dashboard, in real-time.

Happay helps organisations fund business expenses easily and quickly and achieve real-time visibility and control over all business expenditure.

Check out our 2-minute product explainer video to understand how Happay works

The way organisations fund and manage their business expenses has remained the same for decades. The entire expense management workflow from recording of expenses to accounting them is every bit as sluggish, broken and inefficient as it was before.

• Business expenses are still made in cash.
• Employees waste hours creating expense reports, manually.
• Management has no idea about how their money is being spent.
• Accountants spend days reconciling stacks of paper receipts and spreadsheets.

Happay has reinvented the expense workflow from the ground up; we have stripped it off and scrubbed it clean of all its shortcomings mainly cash, paper and manual data entry.

• Businesses with a large and distributed workforce that require funds for expenses while on the move.
• Businesses where employees travel frequently on business trips.
• Businesses with multiple branches/centres/outlets/stores/offices who find it difficult to distribute and manage cash across locations.
• Hyperlocal companies with a large feet-on-street fleet that needs access to cash for purchases and petty cash expenses.
• Business who use spreadsheet based expense reporting process.
• Businesses looking for smarter and economical alternatives to corporate credit cards.

There are products in the market that have attempted to address the problems related to business expense management but unfortunately they provide a limited solution; some provide only corporate expense cards while others provide only expense management softwares.

• Happay is the only one that provides both - a corporate expense card and an expense management platform in one sophisticated solution. Happay makes expense management real-time, something that other solutions don’t.
• With technology at its core, Happay enables businesses to disburse funds faster to employees, across locations. It automate expense reports, speeds up approvals, increases workflow efficiency and integrates the process from end-to-end, from fund disbursement to accounting.
• This helps organisations save substantial time and cost.

Our clients have seen some exceptional results. Check out our 3-minute testimonial video. See what our customers say about us. Click Here

• Prepaid: Unlike Credit Cards, Happay expense cards are prepaid. Employee spending is restricted to the amount of funds loaded on the card.
• Controlled: Happay provides what most credit cards don’t – ability to control expenses before it occurs, you can –
  1. Set spend limits, restrict card spends by channels (online, POS, ATMs)
  2. Switch on, switch off cards from mobile
  3. Remove funds on the fly
  4. Transfer funds from one card to another
  5. Load money only when required and maintain a 0 balance otherwise
• Economical: Happay cards come with a monthly subscription fee. You can cancel the account anytime. There are no annual fees, interest charges or credit limits. You don’t need to open a new bank account to get Happay.

Happay cards are similar to debit cards in that the money has to be loaded on the card first. But there are a few key differences

• With Happay, admins also have unprecedented visibility and control over the amount of funds available on each card - in real time – they can restrict where the card can be used (Point of Sale, Online, ATMs) and to what extent.
• Happay also allows you to load, reload, or even block in real time, with the click of a button.

These are some of the things which debit card providers don’t.