Product Update February 24, 2026

Paratik Launches Closed-Loop Corporate Wallet for Employee Spending

Paratik introduces a closed-loop corporate wallet that helps companies distribute funds, control employee spending at approved merchants, and automate transaction confirmations through secure WhatsApp-native flows — powered by GridStudio AI orchestration.

Paratik Launches Closed-Loop Corporate Wallet for Employee Spending
PT
Product Team
6 min read
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February 24, 2026 — Dubai / Istanbul — We’re announcing the launch of Paratik, a next-generation closed-loop corporate wallet designed for employee spending, controlled merchant usage, and real-time transaction visibility — built on GridStudio’s AI Orchestration Platform.


Paratik enables companies to load balances for employees, define where funds can be spent, and orchestrate secure approval flows for purchases — all while keeping operations simple for HR, Finance, and Operations teams.


Why Closed-Loop Wallets Are Becoming the New Standard


Corporate benefit and expense programs are evolving beyond cards and manual reimbursements. Teams need more control, faster rollout, and real-time transparency across spending — without increasing operational complexity.


Paratik is built for this reality: a controlled, merchant-restricted spending environment that gives enterprises predictable policies and clear reporting.


What Paratik Enables


  • Corporate Balance Loading: Load employee balances instantly for benefits, allowances, or program-based spending.
  • Approved Merchant Network: Restrict spending to selected merchants and locations to ensure policy compliance.
  • WhatsApp-Native Payment Confirmations: Send real-time confirmation prompts (Approve / Reject) before completing transactions.
  • Smart Rules & Limits: Define per-employee, per-category, and per-merchant rules (daily/weekly/monthly limits).
  • Real-Time Dashboards: Track usage, balances, trends, exceptions, and program performance instantly.
  • Integrations: Connect to internal HR/finance systems and merchant systems to automate reconciliation.

Secure Approval Flows Powered by GridStudio AI


Paratik leverages GridStudio’s orchestration layer to automate high-trust workflows around payments and employee spending. With AI-driven intent detection and policy checks, organizations can:


  • Detect unusual or out-of-policy spending attempts in real time
  • Trigger step-up confirmations when needed
  • Route exceptions to authorized approvers instantly
  • Generate audit-friendly logs and structured transaction summaries

Designed for Enterprise Programs


Paratik is designed for enterprise use cases such as employee allowances, controlled meal & grocery programs, partner-funded campaigns, and closed-loop loyalty ecosystems — where policy control and reporting clarity matter most.


Built with Security, Governance & Traceability in Mind


Paratik includes role-based access, audit trails, and program-level governance features to support enterprise operations and reduce risk. Our architecture is built to support organizations operating across multiple teams and locations.


Availability


Paratik is available now for pilot deployments with enterprise partners. If you want to launch a controlled employee spending program or build a closed-loop merchant ecosystem, we’d love to help.


Learn more at paratik.ai or explore the wider ecosystem at gridstudio.ai.

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