Summary
RateGain Travel Technologies Limited has announced a strategic partnership with Cashfree Payments, designating Cashfree as a Platinum Partner for RG Pay. This collaboration aims to enhance the unified technology infrastructure for the global travel and hospitality ecosystem. By integrating Cashfree Payments’ domestic payment gateway and cross-border payments capabilities, RG Pay will streamline transactions for Indian customers traveling internationally. The partnership will facilitate seamless payments to travel merchants across 176 countries using local payment methods such as UPI and RuPay cards. Additionally, international travel brands will benefit from improved checkout performance and higher transaction success rates through this alliance. The partnership underscores RateGain’s commitment to providing robust, scalable solutions for the travel industry, leveraging Cashfree’s extensive payment infrastructure to drive growth and efficiency in global travel transactions.
Key Points
Organizations Involved:
- RateGain Travel Technologies Limited
- Cashfree Payments (designated as Platinum Partner for RG Pay)
Key People:
- No specific individuals named in the article
Specific Locations:
- India (focus on Indian customers)
- 176 countries (global coverage for travel merchants)
Properties and Brands:
- No specific hotel properties or brands mentioned in the article
Strategic Topics Discussed:
- Integration of Cashfree Payments’ payment gateway and cross-border payment capabilities into RateGain’s RG Pay platform
- Enhancing transaction success rates for international travel merchants
- Streamlining payments for Indian customers using local payment methods (UPI, RuPay cards)
Named Solutions:
- RG Pay (unified technology infrastructure for the global travel and hospitality ecosystem)
- Cashfree Payments’ domestic payment gateway and cross-border payments stack
Market Context:
- No specific industry reports, surveys, or external data sources cited in the article
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