Mumbai: HDFC Bank has unveiled ‘Smart Gateway’ in partnership with Juspay to significantly empower online businesses by providing streamlined transaction services. It is a comprehensive platform that aims to elevate the online payment experience through seamless and secure features for businesses across India. The product promises to enhance conversion rates by up to 10%.
The major features offered by the Smart Gateway Platform are:
It simplifies payment management by unifying various payment methods.
It offers vernacular checkouts (accepting payments from customers in their language) and robust fraud detection mechanisms.
To handle heavy data with ease, the platform has a built-in Payment Card Industry Data Security Standard (PCI-DSS) compliance mechanism and 24/7 risk monitoring, making it fit for online businesses of all sizes.
Highlighting the significance of this partnership with HDFC Bank, Sheetal Lalwani, Co-founder and Chief Operating Officer (COO) of Juspay remarked that the goal of the collaboration is to transform the digital payments landscape for online businesses in India. As the innovation in the payments space accelerates, Smart Gateway will provide the businesses with tools they need to succeed in a digital-first world.
