QubeHealth-Pay, a healthcare financial infrastructure platform, has announced a partnership with Petos Insurance to integrate its payment solution ‘QubePay’ into the pet health insurance and wellness platform.
Under the partnership, QubePay will power Petos Pay, allowing Petos policyholders to pay veterinary bills at clinics and hospitals through the Petos app and earn healthcare-linked cashback on eligible purchases.
QubeHealth-Pay provides payment infrastructure focused on healthcare affordability, while Petos offers pet health insurance and wellness services. Through the integration, policyholders will be able to manage insurance benefits and veterinary payments through a single platform.
The companies expect the partnership to facilitate more than ₹50 crore in pet healthcare payments over the next 18 months. Petos also expects to issue more than 10,000 Petos Cover policies over the next two years while targeting 100 percent year-on-year growth.
Commenting on the partnership, Pankaj Shukla, CEO of QubeHealth-Pay, said, “Pet healthcare has the same problem that we’ve spent years solving for human healthcare. Insurance may cover the big moments, but families are still paying out of pocket for every vet visit, every vaccination and every medicine. Partnering with Petos lets us bring QubePay’s payments and cashback infrastructure to pet parents inside an app they already trust for their pet’s insurance.”
Speaking about the partnership, Orindam Sen, Founder and CEO of Petos Insurance, said, “Pet parents in India have never had a single place to manage both their pet’s insurance and the day-to-day cost of keeping them healthy. By bringing QubePay into the Petos app, our policyholders get a seamless way to pay for vet visits, earn cashback on that spending and manage their pet’s healthcare through a single platform.”