financetom
Business
financetom
/
Business
/
Shiprocket joins hands with Bill desk to provide one-click checkout solution
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Shiprocket joins hands with Bill desk to provide one-click checkout solution
Apr 12, 2023 1:28 PM

E-commerce enablement platform Shiprocket has teamed up with digital payments platform BillDesk to offer a one-click checkout solution for direct-to-consumer (D2C) merchants in the country. By leveraging BillDesk's expertise in payment processing across various payment methods, Shiprocket aims to provide its merchants with a world-class payment experience.

Share Market Live

NSE

Through this strategic partnership, Shiprocket will provide its merchants with a world-class payment experience by leveraging BillDesk's extensive experience in processing payments across all payment methods.

The partnership will enable BillDesk to tap into Shiprocket's extensive D2C network and explore growth opportunities in the rapidly expanding $20 billion market, which is growing at a rate of over 25 percent per year, the company said.

For the merchants, the partnership offers a comprehensive solution with multiple complementing functionalities integrated into a single offering.

Also Read: Karnataka Bank starts online customs duty payment facility for customers

The solution enables merchants to provide all payment methods to their buyers through Shiprocket’s one-click checkout solution, including UPI, Credit Card/Debit Card, Net banking, Wallets, and consumer credit.

The authentication protocols for verification of customers will help merchants in eliminating fake orders, and additional features like address pre-fill and delivery date guarantee will improve the customer experience altogether. It also provides merchants with access to dashboard tools, through which they will have complete control over refunds, settlements, payment method analytics etc.

Merchants can leverage BillDesk's secure solutions, which are relied upon by leading businesses in India as their scale on their digital payments acceptance.

Launched in 2017, Shiprocket provides a technology stack to help retailers integrate their shopping websites on Shopify, Magento, WooCommerce, Zoho, and others with the platform’s multi-carrier API to manage orders, prints, and shipping labels. It also avails tracking information from multiple providers including managing Cash on Delivery (COD) orders and payment reconciliation.

With 25+ courier partners on board, the brand permits pan-India as well as international shipping deliveries. Its shipping solutions are available across 24,000+ pin codes within India and 220 countries and territories worldwide.

Speaking on the partnership Saahil Goel, Co-founder & CEO, Shiprocket said, "We are excited to partner with BillDesk to enable a better one-click-checkout experience for our merchants. With the rise in D2C commerce in India, quick checkout solutions are going to provide a great advantage to merchants in enabling a seamless consumer experience. This partnership will enable us to further our mission of empowering businesses and help us provide an all-encompassing and compelling offering to them."

BillDesk is the digital payment solutions partner for businesses in India. For over a decade, the platform has been driving electronic payments and digital commerce.

"The integration of BillDesk digital payments solutions with Shiprocket’s one-click-checkout technology will drive tremendous value for merchants in India as they scale their digital businesses. This partnership will enable businesses to use a robust, secure platform with multiple payment methods like UPI, cards, net-banking, etc. and deliver a smooth payment experience on their D2C channels," Ajay Kaushal, Co-founder, BillDesk said.

Also Read: "Har Payments Digital" —here's how the RBI wants to deepen India's digital payments

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sensata Q1 Adjusted EPS Decreases, Revenue Rises; Names Martha Sullivan as Interim CEO; Signs Cooperation Agreement With Shareholder Elliott -- Shares Jump After Hours
Sensata Q1 Adjusted EPS Decreases, Revenue Rises; Names Martha Sullivan as Interim CEO; Signs Cooperation Agreement With Shareholder Elliott -- Shares Jump After Hours
Apr 29, 2024
05:22 PM EDT, 04/29/2024 (MT Newswires) -- Sensata Technologies ( ST ) reported Q1 adjusted earnings late Monday of $0.89 per diluted share, down from $0.92 a year earlier. Analysts polled by Capital IQ expected $0.85. Revenue for the quarter ended March 31 was $1.01 billion, up from $998.2 million a year earlier. Analysts surveyed by Capital IQ expected $986.3...
LTC Properties Q1 Funds From Operations, Revenue Rise
LTC Properties Q1 Funds From Operations, Revenue Rise
Apr 29, 2024
05:21 PM EDT, 04/29/2024 (MT Newswires) -- LTC Properties ( LTC ) reported Q1 Nareit funds from operations late Monday of $0.69 per diluted share, up from $0.66 a year earlier. Analysts surveyed by Capital IQ expected $0.64. Revenue for the quarter ended March 31 was $51.4 million, up from $49.5 million a year earlier. Two analysts polled by Capital...
Petrus Resources Declares Monthly Dividend For May 2024
Petrus Resources Declares Monthly Dividend For May 2024
Apr 29, 2024
05:21 PM EDT, 04/29/2024 (MT Newswires) -- Petrus Resources ( PTRUF ) said Monday its board declared a monthly dividend in the amount of $0.01 per share payable May 31 to shareholders of record on May 15. Petrus is a Western Canadian oil and gas producer with operations concentrated in Alberta. ...
Martinrea International Receives TSX Approval for a Normal Course Issuer Bid
Martinrea International Receives TSX Approval for a Normal Course Issuer Bid
Apr 29, 2024
05:19 PM EDT, 04/29/2024 (MT Newswires) -- Martinrea International ( MRETF ) after trade Monday said it received exchange approval to buy back and cancel up to 6.44 shares over the next 12 months beginning May 2 though a normal-course issuer bid. The auto-parts manufacturer said the allowed amount represents approximately 10% of the public float of the shares currently...
Copyright 2023-2026 - www.financetom.com All Rights Reserved