Context:
Computer Age Management Services (CAMS), a key fintech infrastructure provider in India, has launched a new CAMSPay Payment Gateway tailored to meet the evolving regulatory and technological needs of the digital payments landscape.
Key Highlights:
- Launch Objective:
- CAMSPay aims to deliver compliance, scalability, and high-performance digital transaction processing in alignment with RBI’s mandates.
- Regulatory Compliance:
- Designed to meet RBI’s tokenisation and data localisation norms.
- Fully certified by Mastercard, VISA, and Rupay for payment security and compliance.
- Performance Capabilities:
- Can process 5,000+ transactions per second (TPS).
- Offers real-time analytics, dashboards, and robust reliability.
- Strategic Partners:
- Built with Mylapay as the technology partner.
- Supported by RBL Bank as the BIN (Bank Identification Number) sponsor.
- Current Sector Usage:
- Already serving entities in BFSI, NBFCs, fintech, and education.
- Expansion plans include capital markets, insurance, and brokerages.
