Happay introduces unique digital cash management solution for fleet operators, Go Cashless with fleet. Sign up Now !
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BEAT THE CASH CRUNCH
With Happay’s Digital Cash Management Solution
Custom-‐made for .leet operators and logistics companies
2 million trucks have been stranded on highways due to
cash shortage brought about by demonetisation.
Source: The Economic Times
IN THE TRUCKING INDUSTRY,
90% of 3 million trucks on India’s roadways have
been stranded due to crippling cash shortage
brought about by the recent demonetisation.
45% of the total cost per trip goes into buying diesel
80%of transactions are done in cash
14% of the total cost per trip goes into paying toll
With fuel outlets and toll plazas refusing to accept 500 & 1000
rupee notes, drivers are stuck on the road with no money.
Source: The Economic Times
1. TEDIOUS CASH DISTRIBUTION
2. DELAYS OF MULTIPLE DAYS
In this time of cash crunch, there is no
easy way to distribute cash to the drivers
Delivery of consignments is getting
delayed - a huge cost for the company
Key Cash Problems Faced By
3. CASH LEAKAGE & THEFT
4. UNOPTIMISED WORKING CAPITAL
Physical cash can be easily lost,
damaged, stolen or misused
Working capital is blocked for days since
loose cash is given to drivers in bulk
For a move like demonetisation to not create
problems for the trucking sector, a lot of transactions
have to shift online.
Chairman of Agarwal Packers & Movers,
operates a fleet of over 1,000 trucks.
Introducing Happay cards & Software
A Digital Platform For Cash Management
The head office admins get access to a web dashboard that
helps them distribute cash and manage spends.
Your drivers get Happay cards instead of loose cash.
They can use the card at POS, online and at ATMs.
How Happay Works
1. Issue a Happay Card to each driver
2. Fund cards instantly from the Happay Dashboard
3. Drivers can use Happay cards for toll payments,
fuel purchases, lodging and meals, etc.
Stop worrying about Cash. Go Digital with Happay.
Distribute cash to drivers
digitally, in bulk
Auto-load funds if drivers
run low on cash
Define an amount threshold for cards
and auto-load cards once the balance
goes below this amount.
Enable drivers to spend
Drivers can use Happay cards for toll
payments, fuel purchases, maintenance
& repairs, lodging, meals, etc.
Fund cards individually or in bulk
from your web or mobile
Optimise cash flow by
withdrawing unused cash
Control cash spends
Distribute funds as and when needed.
Withdraw unused funds from the cards
into you Happay Corporate account.
Define how much can be spent on a
card (per day/ week/ month) and
on what channel (POS, ATM, Online)
Get in touch with our business experts today!
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