RateGain Partners with Cashfree Payments as Platinum Partner for RG Pay

RateGain Travel Technologies Limited (NSE: RATEGAIN), a global leader in AIpowered SaaS solutions for the travel and hospitality industry, today announced a strategic partnership with Cashfree Payments, a leading payments platform, as a Platinum Partner for RG Pay, RateGain's unified technology infrastructure for the global travel and hospitality ecosystem.

Through this partnership, RG Pay will bring together Cashfree Payments' domestic payment gateway and crossborder payments stack to strengthen transactions across the travel ecosystem. This partnership will enable Indian customers to seamlessly pay to international travel merchants across 176 countries through familiar local payment methods such as UPI and RuPay cards. It will further help international travel brands improve their checkout performance and transaction success rates.

This collaboration strengthens the ability of travel and hospitality brands to deliver reliable, locally relevant payment experiences while improving checkout performance and enabling more efficient settlement across international markets.

RG Pay brings together optimized checkout experiences, affordability options, virtual card (VCC) enablement, and cross-border settlement capabilities to help travel and hospitality companies improve conversion performance and manage payments more effectively across global markets.

"Payments in the travel sector are inherently complex, involving multiple stakeholders and high-value crossborder transactions," said Akash Sinha, CEO & Co-founder, Cashfree Payments. "By combining Cashfree Payments' payment infrastructure and cross-border capabilities with RateGain's deep understanding of travel and hospitality, we aim to help travel brands deliver secure, reliable, and locally relevant payment journeys for travelers worldwide. This partnership is a significant step toward setting a new global standard for travel financial infrastructure."

"RG Pay extends RateGain's platform capabilities into the financial layer of travel commerce, helping brands improve how payments are accepted and settled across markets," said Parijat Tiwari, Executive Vice President & General Manager, Distribution, RateGain "By bringing Cashfree Payments' scalable payment infrastructure into the RG Pay ecosystem as a Platinum Partner, we are enabling travel and hospitality companies to support local payment preferences and deliver more reliable transaction experiences for travelers worldwide."

Together, RateGain and Cashfree Payments are enabling travel and hospitality brands to operate with greater confidence as they serve travelers across increasingly diverse and digital payment environments.

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 495.35 as compared to the previous close of Rs. 482.25. The total number of shares traded during the day was 124149 in over 753 trades.

The stock hit an intraday high of Rs. 499.40 and intraday low of 480.10. The net turnover during the day was Rs. 61359419.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 Partnership CashfreePayments PlatinumPartner RGPay