National | January 6, 2026: EbixCash, the flagship Indian subsidiary of Eraaya Lifespaces Limited and one of India’s leading digital financial services providers, has announced the launch of the Legend Card, a co‑branded prepaid card developed in partnership with Lotus India Pay.
This strategic collaboration enhances EbixCash’s prepaid and digital payments portfolio, combining its robust card issuing and processing capabilities with Lotus India Pay’s customer‑facing ecosystem. The Legend Card is built on a secure ledger‑based architecture, supporting end‑to‑end settlement and reconciliation while remaining fully aligned with regulatory frameworks and existing payment networks.
Key Features of the Legend Card
- Versatile Usage: Works seamlessly across POS terminals, e‑commerce platforms, QR‑based payments, and UPI‑linked transactions.
- Open‑Loop Flexibility: Enables cashless transactions across a wide merchant base within regulatory limits.
- Digital‑First Issuance: Instant onboarding with virtual card access; physical card option available for offline usage.
- Enhanced Security: Real‑time transaction alerts, instant card blocking/unblocking, and configurable spend limits.
- Lifestyle Benefits: Exclusive brand offers, faster checkout experiences, and improved control over spending.
Sharan Pardeshi, AVP – Product & Alliance, EbixCash World Money, said: “This is a strategic addition to our prepaid portfolio, enabling us to address a wider range of routine and high‑frequency payment needs. Customers can enjoy hassle‑free transactions both online and offline, with added benefits like exclusive offers and enhanced control.”
Bhavin Dedhia, Founder, Lotus India Pay, added: “Partnering with EbixCash allows us to elevate customer engagement through a seamless and rewarding payment solution. The Legend Card aligns perfectly with our objective of offering added value and convenience to our customers.”
About EbixCash
EbixCash is India’s leading end‑to‑end digital financial services platform, combining an omni‑channel digital presence with a nationwide physical distribution network of over 650,000 outlets. Operating across payments, remittances, foreign exchange, prepaid cards, travel, insurance, and fintech, EbixCash integrates front‑end distribution with back‑end technology, serving 4,000 cities and 75,000 villages across India.
About Lotus India Pay
Founded in 2016 and backed by Y Combinator, Lotus India Pay specializes in recurring payment solutions through eNACH mandates. Acquired by Juspay in 2024, the company provides secure, cloud‑based APIs and dashboards to automate subscription billing and streamline mandate authentication, empowering BFSI, telecom, insurance, and SaaS businesses with predictable cash flows.
About Eraaya Lifespaces Limited
Eraaya Lifespaces Limited (EBIX 531035 INE432F01032) is the global holding company of Ebix Inc. and its worldwide subsidiaries. With operations across 13 countries, Eraaya spans four core business segments: Technology, Payments, Travel, and Emerging Businesses, delivering scalable solutions across enterprise and consumer markets.
