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Mumbai: 5th May 2023

Aurionpro is pleased to announce that its subsidiary Aurionpro Payment Solutions Pvt Ltd. (AuroPay) has received an in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payment and Settlement Act, 2007. AuroPay can commence Payment Aggregator business upon receiving the final Certificate of Authorization from RBI. With the achievement of this significant milestone, AuroPay remains on track to launch comprehensive payment services in the market.

Reflecting on this milestone, Mr. Balkrishna Pangam, CEO – Aurionpro Payments, stated: “We are extremely delighted to receive the in-principle approval from RBI to operate as a payment aggregator. This is a substantial stride forward in our mission to facilitate seamless online digital payments in the country, especially in the area of B2B payments. This approval reinforces our commitment to becoming a trusted partner to businesses as we present AuroPay as an innovative technology payment platform.”

About AuroPay / APSPL:

Aurionpro Payment Solutions Pvt Ltd. (APSL) is founded by Aurionpro Solutions Ltd (NSE: AURIONPRO BSE:532668), a leading IT Solutions Provider, offering robust solutions in the Fintech space with marquee names in banking and financial sector as its clients. Our platform “AuroPay” seeks to offer a bouquet of e-payment options which are safe, secure, user-friendly and affordable. The aim is to become a one stop shop, offering a wide range of services in the payment ecosystem globally, catering to e-commerce businesses as well as SMEs which are rapidly adopting digital technologies.

About Aurionpro :

Aurionpro Solutions Limited (NSE: AURIONPRO, BSE: 532668) is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments, and Government sectors. We converge multiple technology solutions under our umbrella, acting as one platform for Advanced and Accelerated Platform-led Transformation, guiding businesses to ADAPT to a new paradigm in Digital. Headquartered in Mumbai, India, we are bringing this to reality across global locations, pillared on the expertise and commitment of 2000+ passionate people supporting the Aurionpro journey.

For more information, please contact: Mr. Ninad Kelkar | investor@aurionpro.com and visit www.aurionpro.com

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