NewswireToday - /newswire/ -
Bangalore, Karnataka, India, 2014/02/20 - As strategic partners, Verinite will be authorized to market Juspay soutions to banks, merchants and financial customers and support the implementation of the solutions - Juspay.in.
Juspay Technologies, a leading provider of software solutions for electronic payment systems, announced signing of a strategic partnership with Verinite Technologies, a leading systems integrator, to enhance its presence in the Africa and Middle East market.
As strategic partners, Verinite will be authorized to market Juspay soutions to banks, merchants and financial customers and support the implementation of the solutions.
Juspay (juspay.in) has experience in building large-scale transactional systems and enhancing the payments landscape in India powering some of the leading e-merchants. Juspay's vision is to deliver 1-Click payments experience across channels with seamless authentication and enable best experience on Mobile and Web channels. Juspay ExpressPayment™ suite comprises of products for financial institutions, processors and merchants such as Multi-Factor Authentication, Risk and Fraud management system, Loyalty management and innovative front end for online and offline payment acceptance at merchant checkout.
Verinite has experience in building transformational IT solutions for banks, financial institutions and third party payment processors for clients in South East Asia, Middle East, UK and East Africa. The domain expertise is spread across cards, payments, lending, and mobility and information security business with expertise on some of the industry leading applications used for these domains.
Lokesh Parakh, GM (Marketing) of Juspay, said businesses in Africa and Middle East are on lookout for innovative, smarter and path breaking solutions. To enhance our presence in these geographies we have partnered with Verinite, their insights and local presence will help us to meet exceed client expectations.
Ashish Katkar, Cofounder of Verinite, said this partnership is significant and presents a win-win situation to all the stakeholders especially our clients. The unified go-to-market strategy will enable Verinite to provide access of one of the most innovative solution from Juspay to the financial institutions in MEA region.