RATEGAIN NSE filing

RateGain Partners with Juspay to Launch RG Pay for Travel Industry

The RealCase readMedium impact Positive

RateGain has partnered with Juspay to launch RG Pay, an embedded financial technology platform for the travel industry. This platform integrates Juspay's payment orchestration capabilities to enhance checkout conversions and payment options for travelers globally.

Why it matters

The partnership with Juspay to launch RG Pay is a strategic move that enhances RateGain's offerings in the travel and hospitality sector, potentially leading to increased revenue and market share. However, the immediate financial impact is not quantified.

The market read

The partnership is expected to enhance customer experience and operational efficiency for travel businesses by improving payment processing and offering more flexible payment options, which is a positive development.

RateGain Travel Technologies Limited has announced a strategic partnership with Juspay, a leading global payments technology company, to power RG Pay. RG Pay is RateGain's embedded financial technology platform designed for the travel and hospitality industry.

This collaboration aims to enhance checkout conversions, offer localized and flexible payment options, and create seamless booking experiences for travelers globally. The partnership integrates Juspay's payment orchestration stack into RateGain's travel commerce ecosystem. RG Pay will provide a unified transaction lifecycle model, including payment processing, intelligent routing, orchestration, and affordability solutions.

Juspay's platform processes over 300 million daily transactions and handles over $1 trillion in annual payment value with 99.999% uptime. This partnership is expected to enable seamless, high-performance payment experiences for travel and hospitality brands worldwide.

Parijat Tiwari, Executive Vice President & General Manager, Distribution at RateGain, stated that RG Pay signifies the company's evolution from optimizing bookings to enabling the full transaction lifecycle. Ishan Sharma, Head of Sales and Business Development at Juspay, expressed excitement about setting a new benchmark for the travel industry through high-performance payment technology.

Filing to action

What to do with a filing like this

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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Primary source

A plain-language summary of a public exchange filing by Rategain Travel Technologies Limited. Read the original for the full detail.

View original filing