BoxPay Technologies
BoxPay is a payment orchestration and reconciliation platform that aggregates 38+ gateways and 300+ payment methods for enterprise and mid-market merchants globally, with an India cross-border rail built on RBI's PA-CB framework.
- Company typePrivate
- Founded2023
- HeadquartersGurugram, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What BoxPay Technologies does
BoxPay Technologies, operating as BoxPay Pte. Ltd., is a payment orchestration platform founded in 2023 and headquartered in Singapore with operating presence in Gurgaon, India. The company aggregates 38+ payment gateways and 300+ payment methods — including cards, wallets, buy-now-pay-later, crypto, and regional bank transfer rails such as UPI, NetBanking, SEPA and SWIFT — under a single API-first cloud-native platform with multi-zonal deployment and PCI DSS Level 1 certification. Core modules include Smart Routing (AI-driven approval-rate optimization with A/B testing), Checkout (hosted low-code payment page), Subscriptions/Chargely (no-code recurring billing for WooCommerce, OpenCart and WordPress), a Reconciliation Platform (AI-configurable multi-parameter matching with anomaly detection), real-time Analytics, and a Cross-Border India rail built on RBI's PA-CB Circular that lets foreign merchants accept Indian payments without a local entity and settle in local currency. Disclosed transaction throughput on the India cross-border rail exceeds ₹380M with 100% platform uptime.
The company targets enterprise and mid-market merchants globally alongside a no-code SMB motion via Chargely, with named enterprise references in insurance (InsuranceDekho, handling 550,000+ row reconciliations across 35+ insurers with a reported 90% reduction in manual effort), digital services (AppDesert), and travel and hospitality through a June 2026 partnership with RateGain to power the RG Pay platform. GTM is hybrid: direct enterprise sales implied by complex onboarding and dedicated account management, partner-channel distribution through the Partner Ecosystem and RateGain, and PLG-style self-serve acquisition through commerce plugins and payment links. BoxPay earns revenue through a combination of subscription/recurring fees for the orchestration SaaS platform and per-transaction processing fees, with pricing disclosed only on a quote basis. The company has raised a single $1.3M seed round in May 2023 led by Axilor Ventures with Blume Ventures, DeVC and Supermorpheus, and has not announced a subsequent priced round in available material.
BoxPay Technologies firmographics
Firmographics- Name
- BoxPay Technologies
- Legal name
- BoxPay Pte. Ltd.
- Website
- https://boxpay.tech
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BoxPay is a payment orchestration and reconciliation platform that aggregates 38+ gateways and 300+ payment methods for enterprise and mid-market merchants globally, with an India cross-border rail built on RBI's PA-CB framework.
- Ownership category
- akta.pro rank
BoxPay Technologies industry classification
Industry- Product category
- Payment Orchestration
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Payment Orchestration Platforms (Multi-PSP Routing) (FSAMACAB)
- akta.pro secondary industries
- Smart Routing, Cascading & Payment Optimization (FSAMACAJ), Payment Gateways & Orchestration (BPAMAFAA), Payment Gateways & Orchestration (CRAFALAA)
Keywords
Where BoxPay Technologies is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
BoxPay Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Payment Orchestration Services: BoxPay provides orchestration and routing technology services through a software-as-a-service platform. The company helps merchants process online payments made by various modes including credit cards, debit cards, and other payment methods. BoxPay is not a bank or NBFC but acts as a technology intermediary.
- Transaction Processing: Revenue derived from transaction processing across multiple payment providers with smart routing to optimize costs.
- Chargely Subscription Service: No-code subscription management service for merchants to focus on revenue while BoxPay handles payments and subscriptions. Supports WooCommerce, WordPress, and provides subscription buttons and links.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
BoxPay Technologies product offering
Product offeringCore offering
BoxPay provides a cloud-native, API-first payment orchestration platform that enables merchants to manage multiple payment providers, gateways, and payment methods through a single unified interface. The platform combines AI-driven smart routing for transaction optimization, automated multi-provider reconciliation, hosted checkout, subscription management (Chargely), and India cross-border payment acceptance under the RBI PA-CB framework. It serves enterprise and mid-market merchants globally with PCI DSS Level 1 certified infrastructure.
Product overview
BoxPay is a payment orchestration and reconciliation platform designed as a unified solution for global payment management. The core product is the Payment Orchestration Platform which provides centralized management of multiple payment providers and gateways. Supporting modules include Smart Routing (AI-driven approval rate optimization), Subscriptions/Chargely (recurring payment management), Analytics (real-time payment insights), Checkout (hosted payment pages), Reconciliation Platform (automated multi-provider reconciliation with AI capabilities), Partner Ecosystem (gateway connectivity), Dashboard (operations management), and Commerce Plugins (WooCommerce/OpenCart integrations). The Cross-Border Payments India module leverages RBI PA-CB Circular enabling foreign businesses to accept Indian payment methods without local entity requirements. The platform supports 300+ payment methods globally across 38+ active gateways.
Differentiator
Problem solved
Functional benefit
Brands
- Chargely: No-code subscription service by BoxPay that helps merchants focus on revenue while handling payments and subscriptions. Chargely tokenizes card data and provides subscription button code and subscription link for merchants.
Products and services
- Payment Orchestration Platform Central cloud-native, API-first platform that enables merchants to manage all payment providers in one unified interface, optimizing transaction costs and saving time through consolidated payment operations across 38+ active gateways and 300+ payment methods globally.
- Reconciliation Platform Automated, customizable reconciliation solution for comparing financial data across multiple providers, featuring AI-powered configurations, instant discrepancy alerts, multi-parameter matching, complex multi-way reconciliation, and customizable reporting for enterprise-grade requirements.
- Chargely Subscription Service No-code subscription management sub-brand of BoxPay that tokenizes card data and provides subscription buttons and links, helping merchants maximize recurring revenue and prevent lost payments from failed recurring charges.
- Cross-Border Payments - India (PA-CB) Enables foreign businesses to collect payments from Indian customers via UPI, NetBanking and Cards without requiring an Indian legal entity, with local-currency settlement under the RBI Payment Aggregation - Cross Border framework.
Quantifiable outcome
- 90% reduction in manual reconciliation efforts
- +2 more outcomes
Companies that use BoxPay Technologies
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
BoxPay Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature10 records
BoxPay Technologies partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RateGaincoreRateGain Travel Technologies Limited partnered with BoxPay on June 4, 2026, to enhance their RG Pay platform. The integration combines BoxPay's AI-driven payment infrastructure with RateGain's travel ecosystem to improve payment operations and financial management for global travel brands. The goal is to increase transaction success rates and automate reconciliation for travel industry clients.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
BoxPay Technologies competitors and assessment
Company assessmentBroad incumbents
- Adyen: Global payments incumbent offering unified acquiring, gateway, and processing across 300+ payment methods. Comparable in payment method breadth and enterprise merchant focus; competes indirectly via in-house orchestration.
- Stripe: Global payments incumbent offering payment processing, Stripe Connect for marketplaces, and increasingly orchestration-style routing via Stripe Apps and partner ecosystem. Larger, broader competitor that overlaps on gateway and cross-border capabilities.
Direct peers
- Razorpay: India-based payment gateway and orchestration platform serving online merchants with multi-gateway routing, smart routing, and reconciliation. Highly comparable given overlapping Indian market focus, merchant base, and orchestration capabilities.
- PayU India: Payment aggregator and gateway serving Indian merchants with multi-method acceptance, smart routing, and enterprise reconciliation. Comparable in market focus and merchant orchestration offerings.
- Cashfree Payments: Indian payment gateway and aggregation platform offering multi-PSP routing, payouts, and reconciliation. Direct competitor in the Indian merchant payments space with similar orchestration and reconciliation capabilities.
- Primer: Payment orchestration platform offering unified PSP routing, smart routing, reconciliation, and analytics for global merchants. Closest pure-play global peer in architecture and value proposition.
- Spreedly: Payment orchestration and vault platform enabling merchants to connect to multiple gateways with routing optimization. Comparable in API-first orchestration, gateway connectivity, and reconciliation focus.
Emerging players
- CellPoint Digital: Payment orchestration and optimization platform serving travel, hospitality, and digital goods merchants. Comparable in smart routing, reconciliation, and enterprise vertical focus.
- Airwallex: Cross-border payments platform with strong APAC presence, offering payment acceptance, FX, and payouts. Comparable in cross-border India ambitions and merchant-first orchestration approach.
Regional players
- Pine Labs: India-focused merchant commerce and payments platform offering gateway, orchestration, and reconciliation. Comparable in Indian market positioning and enterprise merchant services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
BoxPay Technologies social profiles
Digital presenceBoxPay Technologies compliance and trust
Trust signalCompliance2 records
BoxPay Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
BoxPay Technologies leadership team
Management profileNumber of profiles
Profiles4 records
BoxPay Technologies funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BoxPay Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BoxPay Technologies
What does BoxPay Technologies do?
BoxPay provides a cloud-native, API-first payment orchestration platform that enables merchants to manage multiple payment providers, gateways, and payment methods through a single unified interface. The platform combines AI-driven smart routing for transaction optimization, automated multi-provider reconciliation, hosted checkout, subscription management (Chargely), and India cross-border payment acceptance under the RBI PA-CB framework. It serves enterprise and mid-market merchants globally with PCI DSS Level 1 certified infrastructure.
Is BoxPay Technologies a public or private company?
BoxPay Technologies is a private company. It is classified as venture growth investor backed and is currently operating.
When was BoxPay Technologies founded?
BoxPay Technologies was founded in 2023. It employs 11 to 50 people.
Where is BoxPay Technologies based?
BoxPay Technologies is headquartered in Gurugram, India, in the Asia region.
How does BoxPay Technologies make money?
Three revenue lines are on record. Payment Orchestration Services are the primary driver. The others are transaction Processing and chargely Subscription Service.
Who are BoxPay Technologies's main competitors?
Broad incumbents on record are Adyen and Stripe. Direct peers are Razorpay, PayU India, Cashfree Payments, Primer and Spreedly. Emerging players are CellPoint Digital and Airwallex. Pine Labs is listed as a regional player.
Does BoxPay Technologies have an API?
Yes. BoxPay provides APIs and software for processing online payments including credit cards, debit cards and other card payments. The platform offers server SDKs and checkout SDKs for integration. Documentation available at developers.boxpay.tech. APIs include Invoice Upload APIs for cross-border payments. Developer documentation is at developers.boxpay.tech.
What industry is BoxPay Technologies in?
BoxPay Technologies's product category is Payment Orchestration. Its primary akta.pro industry code is FSAMACAB, Payment Orchestration Platforms (Multi-PSP Routing), with a secondary code of FSAMACAJ, Smart Routing, Cascading & Payment Optimization. Its NAICS code is 52232 and its SIC code is 7372.