Strategic Partnership: RateGain and Razorpay Unite for RG Pay Platform
Published: 10 Apr 2026
Author: Gautam mahajan
RateGain Travel Technologies Limited has announced a strategic alliance with Razorpay, naming it a Platinum Partner for RG Pay, RateGain’s integrated technology framework for the global travel and hospitality sector. Through this collaboration, RG Pay will integrate Razorpay’s payment gateway and processing capabilities to enhance payment outcomes at the final stage of booking. Travel brands will be able to offer locally preferred payment methods such as UPI, cards, net banking, and EMI, enabling smoother, preference-aligned transactions and helping reduce checkout friction while increasing booking completion rates.
According to the Precedence Research, the Payment Gateway Market was valued at USD 29.00 billion in 2025 and is projected to grow from USD 33.29 billion in 2026 to approximately USD 115.30 billion by 2035, expanding at a CAGR of 14.80% from 2026 to 2035, driven by increasing e-commerce and digitization.
Smarter Payments for Travel Brands
As travel companies expand into regions with varying payment behaviors, providing a consistent and reliable checkout experience has become essential. The collaboration between RateGain and Razorpay enables travel brands to cater to local payment preferences while ensuring high performance and reliability at scale.
RG Pay offers adaptive checkout experiences, affordability options, virtual card (VCC) capabilities, and cross-border settlement features, allowing travel and hospitality companies to enhance conversion rates and manage payments more efficiently in global markets.
Reducing Friction at Booking Checkout
“As more bookings move online and across borders, payments have become central to the customer experience and a key driver of conversion, trust, and global scale,” said Rahul Kothari, COO, Razorpay. “Our partnership with RateGain combines ecosystem intelligence and payment innovation to deliver seamless, locally relevant checkout experiences. With Razorpay as a Platinum Partner for RG Pay, we are enabling high-quality payment experiences that improve booking completion and reduce transaction friction for travel and hospitality companies worldwide,” added Parijat Tiwari, Executive Vice President & General Manager, Distribution, RateGain.
RateGain and Razorpay strive to assist travel and hospitality brands in delivering consistent, high-conversion payment experiences as they expand into markets with diverse payment preferences.
A recent report by Precedence Research highlights that the Payment Gateway Market is benefiting from the rising tourism & hospitality.