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RBL Bank and CAMSPay Launch Enterprise Payment Gateway

14 August 20251 min read
BANKING & FINANCERBL Bank andCAMSPay LaunchEnterprisePayment Gateway14 August 2025safalsetu.com

Why in the news

A new online gateway for Indian companies came from a tie-up between RBL Bank and CAMSPay.

Key facts

  • RBL Bank: merchant acquiring settlement service partner.
  • CAMSPay: payment technology innovation.
  • Other features: secure card processing and open API-based settlement.

What is a payment gateway?

  • An online service linking a merchant’s site or app with the bank or payment network to process electronic payments safely, authorising money movement from customer to merchant.

Exam angle

  • Partners: RBL Bank and CAMSPay.
  • Role of the bank: merchant acquiring settlement partner.

Test yourself

1. Which payments firm partnered with RBL Bank for a new enterprise payment gateway?

RBL Bank partnered with CAMSPay, the payments arm of CAMS.

2. What role does RBL Bank play in the CAMSPay payment gateway partnership?

RBL Bank acts as merchant acquiring settlement service partner.

3. Which feature is part of the new RBL-CAMSPay gateway platform?

Automated reconciliation is listed among platform features.

This topic is part of Daily Current Affairs 14 August 2025 (15 topics).

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