RBL Bank Partners with CAMSPay to Launch Digital Payment Gateway for Enterprises

RBL Bank has partnered with CAMSPay, the payments arm of CAMS, to introduce a new digital payment gateway platform catering to Indian enterprises.

Key Highlights:

• Partnership Role: RBL Bank will act as the merchant acquiring settlement service partner, while CAMSPay provides payment technology innovation.
• Platform Features:
  • Real-time settlement capabilities
  • Secure card processing
  • Real-time analytics
  • Automated reconciliation
  • Open API–based settlement services

Digital Payment Gateway Platforms

• A Digital Payment Gateway is an online service that acts as a bridge between a merchant’s website/app and the bank/payment network to process electronic transactions securely.
• It authorizes and facilitates the transfer of funds from the customer’s account to the merchant’s account.

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