Razorpay on-boards Portall port community system to facilitate payments for traders
Online payment gateway aggregator Razorpay has on-boarded the port community system (PCS), the cloud-based technology that seeks to integrate multiple stake holders from the maritime trade on a single platform.
Portall, a logistics management application, developed by Mumbai-based logistics conglomerate J M Baxi Group, was awarded the contract by the Indian Ports Association, an autonomous body under the shipping ministry, to roll out a pan-India Port Community System (PCS 1x).
Portall has signed up with Razorpay for facilitating payments, a shipping ministry official said adding that it will avoid dependency on bank-specific payment eco-system.