RS Software's expansive knowledge and experience within the payments space is second to none.
The Small Big Company...
Over16 years of engagement with world’s largest payment card association/network
Working for leading payment processor in US & UK
In depth understanding of core Bankcard domain applications like Transaction Authorization, Clearing & Settlement etc.
Ability to scale up and manage large applications (Development, Maintenance, Testing, 24/7 Support…) for Payment Industry companies
Specific offerings for Acquiring Processors, Issuers, Merchants & Payment Networks
Have developed business solutions in Gift & Loyalty, Risk Prediction, Residual Management, Payment Gateway and Merchant Boarding… Design to reduce customers cycle time for application development/integration
We seamlessly integrate into client processes, ultimately developing and optimizing applications within their timetable.
Answers to some Frequently Asked Questions about RS Software
What are the key milestones in RS Software’s evolution as a company?
Core Switch controls the transaction routing based on business definition and manages session for every individual request. It also generates ‘Timeout Response’ incase of SLA failure and reverses an approved response. The solution also manages format and system exceptions and adapts Processor specific transaction format. It also provides transaction persistence and manages SLA.
1991
1. Brought the IBM 390 technology to India
2. Signed up Visa, USA – worldwide leader in the Payments Industry
1992
Signed up IBM, Lexmark and American Express as clients
1997
Visa relationship expanded from US to Visa Europe & CEMEA regions
1999
CEO Mr. Raj Jain appointed Chairman of NASSCOM
2000
Assessed at SEI CMM Level 4 by KPMG and at PCMM Level 3 by Q-Labs and KPMG
2003
Awarded ISO 9001:2000 certification by KPMG
2004
Focused in the Payment Industry domain
2005
1. Awarded BS7799 certified by KPMG
2. Signed up as clients, with Payments Industry leaders in the Acquiring space, and Internet
Gateways in the US
2006
1. Appointed Adfactors as our Public Relations Agency
2. Sold the first product developed in-house – a Merchant Boarding solution
What factor has most influenced RS Software’s strategic focus?
The rapid growth in the electronic payments space across all the segments keep forcing our target customers to constantly rethink their offerings strategy, shorten their time to market, and create the need for a full service provider who can address all the pain points in an integrated manner. RS is constantly fine tuning its business model to fulfil this need.
What are the key elements of RS Software’s offshore execution model?
The offshore delivery model has an appropriate combination of a mix of offshore deliverables team and onsite Analysis team. While the offshore delivery centre is headed by Senior Industry executives backed by an efficient Quality & infrastructure process team, the onsite project teams have senior client partners who interface with the delivery organizations as onsite coordinators. There is a dedicated secured ODC structure with one of our Major clients, who have been with RS software for the last 12 years. There are plans to develop more such ODCs dedicated towards different clients who are projected to give an optimum valued business. However for shorter duration projects, the desired quality standards of infrastructure, technology & domain expertise are maintained which can be leveraged by overseas clients.
