Aurionpro Fintech Inc., an Aurionpro subsidiary based in USA, announces 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 USD 1.3 million (Rs 100 million appx.) and will be delivered in two phases by March 2022.
Raj Biyani, EVP-Head - North America, commenting on the order win said, "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."
Shares of the company gained Rs 8.80, or 4.11%, to settle at Rs 222.75. The total volume of shares traded was 9,164 at the BSE (Thursday).