CAMSPay Payment Gateway: Features and Compliance
Why in the news
Computer Age Management Services (CAMS), a fintech infrastructure provider, brought out a payment gateway designed for the changing rules and technology of digital payments.
Key facts
- Compliance: meets RBI’s tokenisation and data localisation norms.
- Certification: Mastercard, VISA and RuPay, for security and compliance.
- Speed: over 5,000 TPS, with real-time analytics and dashboards.
| Aspect | Detail |
|---|---|
| Technology partner | Mylapay |
| BIN sponsor | RBL Bank |
| Current clients | BFSI, NBFCs, fintech and education |
| Planned expansion | Capital markets, insurance and brokerages |
Exam angle
- BIN = Bank Identification Number; sponsor here is RBL Bank.
- RBI norms the gateway follows: tokenisation and data localisation.
- Launch objective: compliance, scalability and high-performance processing.