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Kenko Health Launches Kenko Pay: A QR-Based Cashless OPD

Kenko Pay aims to leverage the UPI network, ensuring compatibility with any healthcare facility accepting UPI payments

Kenko Health Launches Kenko Pay: A QR-Based Cashless OPD
Healthcare
Healthcare

Outlook Start-Up Desk

POSTED ON September 27, 2023 5:00 PM

Kenko has announce the launch of Kenko Pay, a feature that aims to transform the way healthcare expenses are managed in India. This solution allows Kenko subscribers to settle their medical bills cashlessly using their subscription benefits, eliminating the need for out-of-pocket spending.

Kenko Pay aims to leverage the UPI network, ensuring compatibility with any healthcare facility accepting UPI payments. During a transaction, Kenko employs cutting-edge AI technology, utilising the user's GPS location, facility coordinates, and QR details to verify the transaction's legitimacy and process the payment securely within 60 seconds. Post-transaction, machine learning models rapidly digitise user-uploaded bills, facilitating future use of Kenko benefits.

Another feature introduced by Kenko is the ability for subscribers to add their family doctors to Kenko's list in case they are not already on the network. On submitting doctor details through the app, Kenko's dedicated team ensures that the doctor is listed within 24 hours, enhancing accessibility and convenience for subscribers.

Aman Priyadarshi, head of product at Kenko Health, emphasized,"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 prioritizing the customer experience, burdening individuals with a cumbersome claims process designed to combat fraud."

Kenko Health is a health financing company. With a focus on promoting interoperability within the healthcare system, it is trying to improve the efficiency and effectiveness of the system and make it easier for individuals to access the care they need. 

Kenko secured $12 million in its Series A round led by Sequoia Capital India in February 2022, with participation from Beenext, Orios, 9Unicorns, and Waveform Ventures. 

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