Lifepay is expanding to the Indian market

Lifepay Pty Ltd (“Lifepay”) is excited to announce its plan expanding into the Indian market through a strategic partnership with Assetel Infrastructure Solutions Pvt Ltd (“Assetel”), a leading Indian conglomerate with wide-ranging businesses in both India and Australia.

The business will target both Indian migrants living in Australia and provide comprehensive digital wallet solutions, as well as a dedicated marketplace and cross-border FX payment solutions. In addition to its existing suite of mobile wallet payment solutions, Lifepay will design and introduce innovative and tailored features for the Indian market.

“The Indian digital payments industry is forecast to triple in size with value of payments reaching $1 trillion by financial year 2026 and we are thrilled with our new partnership with Lifepay that will allow us to participate in and capture this growth” said Mr. Jasvinder Singh, Group Managing Director, Assetel.

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