Computer Age Management Services Limited has informed the Exchange regarding a press release dated July 08, 2025, titled "CAMS Launches "The CAMSPay s New Payment Gateway": A Payment Gateway for Tomorrow's Transactions Built for Today's Challenges".
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CAMS subsidiary CAMSPay has launched a new payment gateway designed for e-commerce, financial services, retail, and fintech businesses. The platform can handle over 5,000 transactions per second and includes features like multi-layer encryption, fraud screening, tokenization, open APIs, and real-time analytics. It is built to comply with RBI guidelines, PCI DSS standards, card tokenization, and data localization requirements. The gateway is supported by partnerships with Mylapay (payment switch) and RBL Bank (BIN sponsorship), and is certified by Mastercard, VISA, and Rupay. The launch targets India's digital payments market, which is projected to reach $10 trillion by 2030, growing at over 20% CAGR.
This is a strategic product launch that expands CAMS's footprint beyond its core mutual fund registrar business into the broader digital payments space, potentially opening new revenue streams. While not immediately earnings-accretive, it signals CAMS's continued push into fintech diversification and digital infrastructure.