Electronic Bill Payment

Safe and secure bill payments
Integrated online bill payment platform

Financial institutions are facing increasing customer attrition due to their inability to deliver better smarter, faster, and more convenient bill payment experience. In addition, customer loyalty is at an all time low, with them changing service providers based on value added services and discounts.

To address these concerns and become a preferred provider for customers, we appreciate that financial institutions need seamlessly integrated, compliant, and innovative bill payment solutions; a comprehensive solution that offers synchronous processing and reconciliation needs to be integrated with multiple financial institutions, billers, biller service providers, and end-users.

How we empower our customers

RS Software helps our clients to:

How RS Software Executes


RS Knowledge Management

Curated learnings from client engagements, enriched continuously with visits by industry SMEs to our Silicon Valley office and our world-class development center in India, participation in industry events globally, and ongoing market research keeps us current at all times. Best practices are in place to maintain the rich information in a systemic manner, tested for prompt availability over 25 years, proven scalability in talent knowledge growth and in building reusable knowledge artifacts.

RS School of Payments™

The single focus here is to provide a platform for continuous learning. Leveraging RS Knowledge Management, we have built a rich set of payments and technology-focused curated content at various levels of advancement. Best practices of in-class and remote learning are deployed and tested for effective learning with feedback from performance in projects. A combination of mandatory and optional learning sessions are made available as domain credits, which are evaluated for complete understanding through formal evaluation, and certification is then granted. Quick and constant learning access is the only way to scale and help clients win.

RS Payments Lab™

RS Knowledge Management and institutionalized learning through RS School of Payments come together to motivate and create an environment for innovation. The RS Payments Innovation Lab which celebrates its 10th birthday in 2019 has many credits, including a patent in US for a geo location based algorithm that facilitates customer acquisition. The lab has built multiple fintechs that surface as an integrated solution on the company’s world-class digital merchant acquiring platform. The lab is an incubator for payments innovation and applied technology, leveraging our Silicon valley presence and innovation focused talent in India.

RS Accelerators and Assets

Years of investment in Innovation, and the core values of the organization to be responsive to customers are the driving forces behind the development of accelerators, frameworks and products. A combination of these digital assets are deployed to enable faster time to market based on customer needs. A suite of these assets are now available, with more being added as continued innovation comes to fruition. The execution excellence is enabled by applying appropriate project management practices from the set of tried and tested methodologies such as Waterfall, Relaxed Waterfall, Agile, Distributed Agile, etc.

Our success stories

For payment processors

Implemented a bill payment switch to integrate customer and biller for seamless bill retrieval, presentment, and payment. Established seamless communication between a processor and financial institution.

For banks and FIs

Facilitated Agent and Biller onboarding, bill payment services, integration of bank systems with bill payment applications through APIs, and payment reconciliation with a bank’s core banking system (CBS) data.

For Banks

Enabled a bank to operate as a Customer Service provider and a Biller Service provider