RateGain Travel Technologies Limited (BSE: 543417, NSE: RATEGAIN) has announced a strategic partnership with BoxPay, a payments technology platform, to enhance its embedded financial technology platform, RG Pay, for the travel and hospitality industry. This collaboration aims to simplify payment processing and reconciliation for travel brands. The partnership integrates BoxPay's orchestration, routing, checkout optimization, and AI-driven reconciliation capabilities into RateGain's travel commerce ecosystem. This will enable travel businesses to better support local payment methods, improve transaction success rates, offer flexible payment options like EMI and pay-later, and automate complex reconciliation workflows across various financial entities. Shobhit Mehra, Founder & CEO of BoxPay, highlighted that the partnership provides an ideal platform to address the complexities of travel payments at scale. Parijat Tiwari, Executive Vice President & General Manager – Distribution at RateGain, emphasized that payments now significantly impact traveler experience, conversion, and operational efficiency. Together, RateGain and BoxPay intend to create a more connected and intelligent payment ecosystem for the travel and hospitality sector.
