Aurionpro Payments, a subsidiary of Aurionpro, has announced its go-live as an online payment aggregator, marking a significant milestone in its journey. This achievement follows the recent authorization from the Reserve Bank of India and signifies Aurionpro's strategic entry into the rapidly growing and innovationdriven payments industry. The launch was officially announced at the prestigious Global Fintech Fest 2024 in Mumbai, India, one of the largest fintech gatherings in the world.
AuroPay is a technology-driven payment receivable platform that empowers businesses to seamlessly receive payments through a variety of features, including payment request links, digital invoices, payment plans, and an intuitive dashboard. With AuroPay, businesses can efficiently manage their payments and gain valuable insights into their transactions.
Aurionpro Payments has also launched AuroCheck, a digital onboarding platform, designed to streamline the onboarding process for acquiring banks, processors, and business entities across various sectors. By automating manual processes, conducting real-time KYC/KYB screening, and performing robust risk assessments, AuroCheck significantly reduces onboarding time while ensuring regulatory compliance. The platform's dynamic application forms, AI-powered automation, and scalability further enhance its efficiency and accommodate the growing needs of businesses.
Additionally, Aurionpro Payments has enabled utility bill payments on AuroPay via Bharat Bill Payment System (BBPS) for various utility bills (electricity, water, gas, telecom) developed by the National Payments Corporation of India (NPCI), enhancing its service offerings in the payments landscape.
"We are thrilled to introduce these solutions and capabilities on our AuroPay platform," said Bal Pangam, CEO of Aurionpro Payments. "By leveraging technology and innovation, we aim to empower businesses with seamless payment processing and other value-added services, including digital onboarding and convenient bill payment solutions."
Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 1935.10 as compared to the previous close of Rs. 1951.80. The total number of shares traded during the day was 12529 in over 2135 trades.
The stock hit an intraday high of Rs. 1979.95 and intraday low of 1893.70. The net turnover during the day was Rs. 24210979.00. |
