Juspay, a global payment infrastructure solutions firm, has announced the opening of a new office in Singapore.
This marks a significant milestone in the company’s international expansion, reflecting its commitment to a growing customer base in Asia Pacific (APAC) countries, the firm said in a statement on Tuesday.
“Our expansion into Singapore positions us at the heart of the dynamic Asia Pacific market, where we can work closely with merchants to tackle their unique challenges,” said Sheetal Lalwani, Co-founder and Chief Operating Officer of Juspay.
“We aim to empower them with the reliable, scalable, and highly performant payment infrastructure that has made us a trusted partner for leading enterprises worldwide,
“This expansion furthers our vision of making digital payments interoperable and accessible for everyone on a global scale,” he added.
Nakul Kothari, Head of APAC & MiddleEast at Juspay, added the firm’s expansion comes at a crucial moment as APAC’s digital payment landscape undergoes rapid transformation and diversification.
“We intend to scale our team in Singapore and address the challenges being faced by enterprises in managing global payments like optimizing transaction costs, improving authorization rates and enhancing payment experience with local payment methods,” he added.
It is noted Juspay’s expansion in APAC is further solidified by a strategic partnership with digital travel platform Agoda, which has implemented Juspay’s full stack orchestration and reconciliation service across the region.
Commenting on the partnership, Jibran Bugvi, Head of Fintech and Business Initiatives at Agoda, said maintaining an efficient and reliable payment process is essential for Agoda.
“Juspay plays a key role in this effort, with its support for a wide range of local payment methods and consistent system reliability,” he added.
Backed by top-tier investors such as SoftBank, Accel, and VEF, Juspay empowers enterprise merchants with services like 1-click checkout experiences, full-stack orchestration, 3DS authentication, network tokenization, reconciliation, offers, fraud solutions, and much more.
Their offering also includes end-to-end white label new age payment gateway and real-time payments infrastructure for banks.
Headquartered in ‘India’s Silicon Valley’ of Bangalore, Juspay already supports 500+ market-leading clients globally, processing more than 200 million transactions daily, at 99.999%+ reliability, with over USD 900 Billion in annual total processed volume.
With a team of nearly 1200 payment experts across India, United States, United Kingdom, Brazil, and Singapore solving payments engineering problems at scale, Juspay said the firm is strategically positioned to reshape Asia Pacific’s payment landscape.