Emerald Finance Partners with EBIX Payment Services for Early-Wage-Access Program

Emerald Finance Ltd has submitted a disclosure under Regulation 30 of LODR Regulations, 2015. The company has partnered with EBIX Payment Services Pvt Ltd, Mumbai to offer its Early-Wage-Access program to the employees of the Company. This partnership aims to provide instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. Emerald Finance, in line with its vision to expand its offerings and to serve retail customers at large, had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance, with the amount lent being collected through salary deduction.