Partnership Overview
RateGain Travel Technologies Limited announced a strategic partnership with BoxPay, a payments technology platform, to power RG Pay, RateGain's embedded financial technology platform for the travel and hospitality ecosystem.
Strategic Objectives
The partnership combines RateGain's global travel and hospitality ecosystem with BoxPay's expertise in intelligent payment infrastructure. The collaboration aims to:
- Improve customer conversion and top-of-funnel revenue through optimized checkout and orchestration
- Drive stronger bottom-of-funnel profitability through intelligent reconciliation
- Enhance financial visibility across complex global payment operations
- Support local payment methods and improve transaction success rates
- Offer affordability-led options including EMI and pay-later features
- Automate complex multi-party reconciliation workflows across gateways, banks, marketplaces, ERPs, and internal ledgers
- Improve transaction visibility and accelerate reconciliation cycles
- Reduce manual effort and minimize revenue leakage across global operations
Technical Integration
RG Pay integrates BoxPay's orchestration, routing, checkout optimization, and AI-driven reconciliation stack into the RateGain travel commerce ecosystem. The platform addresses growing complexity in payment operations as travel businesses scale globally while needing to deliver seamless and localized experiences for travelers across geographies.
Management Commentary
Shobhit Mehra, Founder & CEO, BoxPay stated: "At BoxPay, we've always believed that solving payments for travel requires a deep understanding of how the industry operates across distribution, bookings, settlements, and customer journeys. I learned this by managing payments for some of the world's largest airlines, hotel chains, and OTAs at American Express and Expedia. Partnering with RateGain gives us the ideal platform to solve these challenges at scale."
Parijat Tiwari, Executive Vice President & General Manager – Distribution commented: "Payments today influence far more than transaction completion, they directly impact traveler experience, conversion, settlement visibility, and operational efficiency. RG Pay is designed to evolve travel payments from fragmented transaction processing into a more connected and intelligent commerce infrastructure. BoxPay's strengths across orchestration, routing, and intelligent reconciliation strengthen our ability to help travel brands improve operational visibility, simplify payment complexity, and manage global transaction flows more effectively."
BoxPay Background
BoxPay is an AI-driven payments technology platform that transforms fragmented payment and financial operations into intelligent, automated infrastructure. Key facts about BoxPay:
- Built for distribution-heavy industries like travel, hospitality, and insurance
- Enables more than 350 payment methods through a single integration
- Powers full-lifecycle payment operations including intelligent orchestration, real-time routing, and complex reconciliation flows
- Backed by Axilor Ventures, Blume Ventures, DeVC, and Supermorpheus
- Has processed over $2.5Bn through its platform
- Serves marquee travel companies and luxury hospitality brands
RateGain Company Profile
RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for travel and hospitality with:
- 13,000+ customers and 700+ partners across 160+ countries
- Works with 33 of the Top 40 Hotel Chains
- Serves 4 of the Top 5 Airlines
- Works with 7 of the Top 10 Car Rental companies
- Serves all leading DMOs, OTAs, and metasearch platforms
- Includes 25 Global Fortune 500 companies among clients
- One of the world's largest processors of electronic transactions, price points, and travel intent data