RateGain Partners with Cashfree Payments for RG Pay to Enhance Local Payment Acceptance
RateGain Travel Technologies has partnered with Cashfree Payments as a Platinum Partner for its RG Pay platform. This collaboration will enable Indian customers to pay international travel merchants using local methods like UPI and RuPay, aiming to improve checkout performance and transaction success rates for global travel brands.
This strategic partnership expands RateGain's RG Pay platform capabilities, potentially leading to improved conversion rates and operational efficiency for its travel and hospitality clients. The impact is considered medium as it enhances existing services rather than introducing a completely new revenue stream.
The partnership is expected to enhance payment acceptance capabilities for travel brands, improve customer payment experiences, and increase transaction success rates, which are positive developments for the company.
RateGain Travel Technologies Limited has announced a strategic partnership with Cashfree Payments, appointing them as a Platinum Partner for RG Pay. This collaboration aims to integrate Cashfree Payments' domestic and cross-border payment solutions into RateGain's RG Pay platform, which serves the global travel and hospitality industry.
The partnership will enable Indian customers to make payments to international travel merchants using familiar local methods like UPI and RuPay cards. It is also expected to help international travel brands improve their checkout performance and transaction success rates. RG Pay will leverage this integration to offer optimized checkout experiences, affordability options, virtual card enablement, and efficient cross-border settlement.
Akash Sinha, CEO & Co-founder of Cashfree Payments, stated that the partnership aims to help travel brands deliver secure, reliable, and locally relevant payment journeys worldwide by combining Cashfree Payments' infrastructure with RateGain's expertise. Parijat Tiwari, Executive Vice President & General Manager, Distribution at RateGain, added that this integration enables travel and hospitality companies to support local payment preferences and enhance transaction experiences for global travelers.
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Rategain Travel Technologies Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Rategain Travel Technologies Limited. Read the original for the full detail.