RBL Bank collaborated with CAMS to Provide Merchant Acquiring Settlement service

New Delhi: RBL Bank has entered into a strategic partnership with CAMSPay (Payments Unit of CAMS) for the launch of “The CAMSPay’s New Payment Gateway”. It is a cutting-edge digital payments platform designed to meet the evolving needs of Indian enterprises.

The Bank would act as the Merchant Acquiring Settlement Service Partner, enabling seamless acquiring settlement services for CAMSPay.

This collaboration brings together CAMSPay’s innovation in payment technology and RBL Bank’s robust banking infrastructure to deliver a secure, scalable, and regulation-ready solution for businesses across sectors.

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The service enables CAMSPay to seamlessly offer scalable payment gateway services in a secured and compliant manner with real time analytics and reconciliation to their customers and settlement through Open APIs.

R Subramaniakumar, MD & CEO, RBL Bank, said, “At RBL Bank, we are continually enhancing our service proposition to payment aggregators by investing in cutting-edge technology and seamless operational processes to create value for our clientele.

We are delighted to partner with CAMSPay on this marquee initiative of launching a future-ready payment gateway that aligns with India’s growing digital economy.

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Our platform will provide greater agility with reliable, real-time payment solutions that drives operational efficiency.”

Vasanth Jeyapaul, CEO - CAMSPay, added, “With CAMSPay's New Payment Gateway, our goal is to empower businesses to overcome everyday payment challenges by providing a stable, secure, and flexible platform. This is not just another gateway – it is a strategic platform built to meet regulatory requirements while delivering real-time capabilities.”

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