RBL Bank partners with CAMSPay for merchant settlement service

RBL Bank has announced a strategic partnership with CAMSPay, the payments division of Computer Age Management Services (CAMS), to roll out CAMSPay’s New Payment Gateway, an advanced digital payments platform tailored to meet the evolving demands of Indian enterprises.

Under the agreement, RBL Bank will serve as the Merchant Acquiring Settlement Service Partner, enabling smooth and secure settlement services for CAMSPay’s acquiring operations. 

The collaboration integrates CAMSPay’s expertise in payment technology with RBL Bank’s strong banking infrastructure to deliver a secure, scalable, and regulation-compliant solution for businesses across multiple sectors. 

The new offering will empower CAMSPay to provide payment gateway services with robust security, real-time analytics, reconciliation capabilities, and settlement via Open APIs. 

This is aimed at ensuring faster, more efficient transactions while maintaining compliance with regulatory standards.

R Subramaniakumar, Managing Director & Chief Executive Officer, RBL Bank, stated that the bank is committed to enhancing its value proposition for payment aggregators through technology-driven solutions. 

He highlighted that the future-ready payment gateway would support the growth of India’s digital economy by delivering real-time, reliable payment services that improve operational efficiency.

Vasanth Jeyapaul, Chief Executive Officer of CAMSPay, remarked that the platform is designed not merely as another gateway but as a strategic infrastructure built to help businesses navigate daily payment challenges. 

According to him, its stability, security, flexibility, and regulatory compliance make it a crucial enabler for enterprises seeking seamless payment processing.

The partnership is expected to strengthen both organisations’ positions in the fast-expanding digital payments ecosystem, offering enterprises a modern, secure, and agile payment infrastructure.

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