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This new order, with one of the largest payment facilitators in the US offering merchant payment services in the insurance financing segment, will help to expand the existing long-term relationship with this strategic client, the company said.
The order, valued at $18 million (close to Rs 150 crore), will be spread over three years commencing with the calendar year 2023.
Aurionpro Solutions has developed and implemented the Aurionpro Payments framework, which is a cutting edge and comprehensive payments platform for client. This new order includes an expansion of the client platform, AWS infrastructure support and extended services that will facilitate ongoing support, maintenance and enhancements.
Raj Biyani, executive vice president – Head, North America, said: "It is encouraging to see a key strategic client reinforce their commitment and trust in our relationship in such a significant way and we are grateful. This is a key win for us as it provides a strong validation of market relevance and robustness of our solution capabilities and reinforces our already strong credentials as a trusted payment technology provider in the market. We are focused on significantly expanding our reach and impact in the US fintech landscape and this win will greatly help accelerate our progress in this direction."
Aurionpro Solutions is an advanced technology solutions company catering to the needs of the banking, mobility, payments and government sectors. The company's consolidated net profit rose 21% to Rs 23.69 crore on 26% jump in net sales to Rs 154.69 crore in Q2 FY23 over Q2 FY22.
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