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PaySprint launches multi-gateway platform to cut payment failures

By Puja Sharma

Today

  • AI
  • AI regulations
  • Cross Border Payments
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PaySprint Private Limited, India’s B2B Banking FinTech and RegTech infrastructure company, announced the launch of SprintPGx, an intelligent Multi-PG (Multi Payment Gateway) platform purpose-built for Indian enterprises.

SprintPGx eliminates one of the most persistent and costly pain points in digital commerce: payment failures. By connecting businesses to 10+ payment gateways simultaneously through a single integration and using artificial intelligence to route every transaction in real time, SprintPGx delivers higher conversion, lower cost, and near-zero downtime without any change to the customer checkout experience.

The Silent Revenue Drain Facing Indian Enterprises

On average, 2 to 5% of all online payment attempts in India fail, a figure that may seem small until the scale is applied. For an enterprise processing ₹100 crore in monthly transaction volume, that translates to ₹2 to 5 crore in lost revenue every single month from payments that simply did not go through.

These failures stem from a single structural vulnerability: dependence on one payment gateway. When that gateway experiences downtime, high traffic, or approval rate dips for a specific card type or bank, businesses are left powerless. SprintPGx was built to permanently solve this problem.

“At PaySprint, we built SprintPGx because we saw a problem that was quietly costing Indian enterprises crores every month. A single payment gateway is no longer enough for businesses operating at scale. SprintPGx is not just a routing tool; it is the payment intelligence layer that Indian enterprises have needed. We are giving businesses the same kind of infrastructure that was previously only available to the largest global players, and we are delivering it with a compliance stack, a dedicated implementation team, and India-first thinking baked into every feature.” S. Anand, Founder & CEO, PaySprint

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