Aurionpro bags deal for licensing and development of its payment software in USA

The order is valued at US$ 1.3 Million (Rs10cr appx.)

Oct 27, 2021 04:10 IST India Infoline News Service

Aurionpro Fintech Inc., an Aurionpro subsidiary based in USA, has announced an order win from one of the largest Payment Facilitators in USA which offers merchant payment services in insurance financing segment.

The order is for the license of Aurionpro Payment Framework Software (“APF Software”) and allied services including customization & development services in relation to. The order is valued at US$ 1.3 Million (INR 10 crores appx.) and will be delivered in two phases by March 2022.

Raj Biyani, EVP-Head - North America, commenting on the order win said that “Aurionpro Payment Framework is a robust and advanced payment platform. We see multiple opportunities in this segment and this win is significant as it will enhance our credentials in the USA market and will establish APF as a strong platform.

Aurionpro Solutions ended at Rs214.05 apiece down by Rs4.8 or 2.19% on Sensex.

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