IndiGo selects Juspay as official payment partner

31 May 2023 , 01:58 PM

IndiGo informed that it has chosen SoftBank-backed Juspay as its official payment partner for handling payments of direct bookings on its app and website.

According to a joint press release, the partnership between Juspay and IndiGo will bolster the customer experience by improving payment conversions and allowing a broader range of payment modes.

Juspay has previously entered into collaborations with Amazon, Swiggy, Big Flipkart, Airtel, Basket, Ajio, Ixigo, Cred, TATA Digital, Axis Bank, and Yes Bank, among others. Juspay claims to handle more than 50 million transactions per day.

IndiGo's new payment partnership comes at a time when the airline industry is making a strong comeback following the pandemic-caused crisis. However, in India, a revamping of Air India following its acquisition by Tata and the launch of the new budget carrier Akasa Air have heightened the battle for market share.

At around 1.54 PM, IndiGo was trading 0.61% lower at Rs 2,356.95 per piece, against the previous close of Rs 2,371.40 on NSE. The counter touched an intraday high and low of Rs 2,379.70 and Rs 2,338.35 respectively.

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