RateGain Partners with Razorpay; Shares Rise Over 2.5%
RateGain partners with Razorpay to enhance global travel checkout experiences, driving seamless payments and boosting shares by over 2.5 per cent.
✨ AI Powered Summary
RateGain Travel Technologies Ltd has announced a strategic partnership with Razorpay, India’s leading omnichannel payments platform. This makes Razorpay a Platinum Partner for RG Pay, RateGain’s unified technology infrastructure for the global travel ecosystem.
This collaboration integrates Razorpay’s robust payment gateway and processing capabilities into RG Pay, aiming to streamline the checkout process for travel brands worldwide. By offering locally preferred payment options such as UPI, credit and debit cards, net Banking, and EMI, travel companies can provide a seamless and flexible payment experience, aligned with consumer preferences in different regions.
With travelers increasingly expecting smooth, reliable transactions, the partnership addresses a critical aspect of the booking journey: reducing friction at checkout to improve booking completion rates. As travel companies expand across markets with varying payment behaviors, RG Pay combined with Razorpay’s capabilities ensures consistent, high-performance payment experiences at scale.
RG Pay’s technology infrastructure brings together adaptive checkout experiences, affordability options, virtual card (VCC) enablement, and cross-border settlement capabilities.
About RateGain Travel Technologies Ltd
RateGain Travel Technologies Ltd is a global provider of AI-powered SaaS solutions for the travel and hospitality industry. Founded in 2004 and headquartered in India, the company works with over 13,000 customers and 700 partners across more than 160 countries.
RateGain helps travel businesses grow their revenue by improving customer acquisition, retention, and overall spend. It is one of the world’s largest processors of travel data, supporting better decision-making across revenue management, distribution, and marketing.
The company serves a wide range of clients, including hotels, airlines, car rental companies, and online travel platforms, and counts many of the world’s leading travel brands and Fortune 500 companies among its customers.
RateGain Travel Technologies Ltd Share Price and Performance
On Thursday, Rategain shares closed at Rs 493.50, up Rs 13.85, or 2.89 per cent. The stock had opened at Rs 478, reached a high of Rs 497.85, and a low of Rs 460.95, with the previous close at Rs 479.65. Year-to-date, the share price is down 29.95 per cent, while over the past year it has gained 7.89 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.
