Kenko, a health financing company, has launched Kenko Pay, that allows customers to use their Kenko benefits to cover medical expenditures, eliminating out-of-pocket payments. Users may use the Kenko app to locate local healthcare services, scan UPI QR codes for payments, and upload bills.

Using GPS, locations, and QR data, AI validates transactions in 60 seconds. It is currently accessible in 500 Indian cities at over 15,000 doctor's offices. Subscribers can add family doctors to their list, increasing accessibility. Following consultations, customers can purchase prescription medications cashlessly at 100,000 pharmacies. Benefits may be utilized for healthcare-related e-commerce transactions in the future.

Aman Priyadarshi, Head of Product at Kenko Health, emphasised, “Our primary focus is to develop tech-driven solutions that effectively address the healthcare financing needs of Indians. Traditional health financing companies often fall short in prioritising the customer experience, burdening individuals with a cumbersome claims process designed to combat fraud. With Kenko Pay, we’ve significantly enhanced the customer experience, making benefit utilisation as simple as regular payments, all while reducing the risk of fraud to an unprecedented level within the industry. This starts an era in health care financing where claims are a thing of the past.”

He further highlighted that every Kenko Pay transaction generates valuable insights into usage patterns across India’s healthcare facilities, which have traditionally operated offline. This breakthrough paves the way for a healthcare revolution in India, enabling Kenko to not just help healthcare facilities increase business but also proactively identify and solve their working capital needs.”