- CEO
- Rajnit Rai Jain
- Full Time Employees
- 148
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- FMC FORTUNA Kolkata India 700020
- IPO Date
- Jul 1, 2002
- Business
- R S Software (India) Limited, founded in 1987 and headquartered in Kolkata, West Bengal, India, provides software products and services focused on digital payment solutions to electronic payment industries worldwide, including India, the United States, United Kingdom, and Japan; it develops, tests, and maintains software for payment modernization, real-time payments, merchant acquiring, and related financial operations. Core products include RS RealEdge for real-time payment market infrastructure; RS DigitalEdge as an open-source payment API platform; RS BillAbhi (Central and Bank variants) for electronic bill presentment and payment; RS IntelliEdge Central and Banks for intelligent processing; RS iFinSwitch for financial switching; RS MerchantEdge for merchant solutions; RS SettleEdge for clearing and settlement; RS Test2Pay 3DS2.0 for testing and certification; and Payabbhi for payment service provider modernization. Services encompass ISO 20022 compliance, switching and authorization, clearing and settlement, dispute management, data management and analytics, fraud and risk management using AI and machine learning, acceptance solutions, electronic bill payments, testing and certification, and tokenization. In recent developments, the company wins key multiyear deals in FY24 and FY25 for merchant acquiring and acceptance led by Payabbhi, advances sales with major Canadian financial institutions for real-time payment infrastructure contributions, expands channel partner networks in North America, Europe, and the Middle East, and works on integrating bilateral payment platforms including UPI in 10 countries such as UAE, Singapore, and France while planning over Rs 100 crore investment in payments network systems over five years.