ePayLater powers 30x growth securely with Microsoft Azure, achieves more with less

Need for security and scale to power rapid growth

As a fast-growing, fintech business, the company was acquiring new customers with speed. This was leading to increased transactions on its platform and a need for better performance. 

Being a financial services company, ePayLater deals with highly sensitive customer data. The company wanted to fortify its platform security to offer enhanced and updated protection against cyberattacks and data security threats. The erstwhile cloud solution proved inadequate for ePayLater's evolving requirements. The company evaluated a few options and decided to move to Microsoft Azure for its auto-scaling capability and robust multi-layered security framework. Xencia, a Microsoft partner with expertise in Azure services and solutions led the implementation for ePayLater. With Azure, the company gained a comprehensive solution that helped it do more with less by enabling more efficient, effective, and unified security.

Daljit Singh, Chief Information & Data Officer, ePayLater says, "Today, our product is more safe, secure and trustworthy in the eyes of the consumer. Being in the fintech space, data security is of paramount importance for us. With Azure's state-of-art security, our employees and external users can login securely and prevent unauthorized access and thwart cyber threats. More importantly, we are managing the security of our platform with fewer resources."

Reaping more benefits with less

Enabling robust data security

ePayLater has delivered a 100% secure environment for its internal and external stakeholders. The solution has also proved to be foolproof against cyberattacks and helps ePayLater comply with government regulations concerning data security.

Scaling cost-effectively

Azure’s auto-scaling provides the right kind of flexibility to ePayLater as it can scale up and scale down according to the number of active users and transactions. Azure has helped ePayLater optimize compute costs too. The company operates in a low-margin space, and with rapid growth in business, ePayLater wanted to decouple costs from scale. With auto-scaling, it is able to manage transaction workloads effectively with minimal effort and reduced costs. Moreover, Azure provides relevant monitoring tools to analyze workload utilizations that ePayLater leverages to make the right decisions.

Achieving 100% uptime

Much to the delight of developers and end-customers, ePayLater has achieved 100% uptime of the solution post implementation. 

Harnessing 30x growth

With Azure, ePayLater was able to streamline its processes in three environments - Development, Pre-production (Test) and Production. This made the overall development process more efficient as teams can work faster with lesser interruptions. It has enabled a seamless journey across users. The solution’s flexibility, versatility for third-party integration, secure data management and simplified scalability have been critical factors in helping the business grow 30x in the last two years.

Futureproofing the business

Akshat Saxena, Co-founder, ePayLater, shares, "The security provided by Microsoft Azure is best-in-class. It helps us comply with government regulations related to data security. Alongside, Azure's scalability and seamless integration features enable us to provide an enhanced user experience. Our customers find the platform safe, reliable, and something they can depend on 24x7."

Throwing light on its future plans, Debabrata Gharah , Chief Technology Officer, ePayLater says, “Azure is a dynamic tool, and we leverage it in multiple key areas today. It has helped us create and evolve the best platform to empower our end users. We plan to leverage more Microsoft solutions to help us in our growth journey. We have incorporated the usage of Microsoft Purview Data Loss Prevention (DLP) and Azure Active Directory (AD) within the organization. And we are evaluating Microsoft products for Security information and event management (SIEM) as well.”