Seattle based processor engages RS to develop Issuing side application
April 02, 2007 - We have signed a consulting services agreement with a Seattle based Processor as their strategic IT partner to help them execute several mission critical IT projects. RS has successfully delivered the pilot project of the client in January this year. The second project is on the verge of completion.

We have now signed the third agreement for enabling the client to support the Card Associations Signature Debit processing. The projects are currently being executed using the dual shore model and we have a team presently working from offshore through a secured VPN connection, logging on to client's mainframe system.

US based merchant processing company buys Merchant Boarding product from RS
May 29, 2007 - A merchant processing company based in the US bought the Merchant Boarding product of RS last year. That was the first product sale ever by RS. Since then the client has been so impressed with RS’ work that it has extended its association beyond the sale and signed up for more projects. It has expressed confidence in “our continued goodwill and partnership.”

RS’ efforts to sell its Merchant Boarding and Residual Management product suite began last year. RS had proposed a fortnight’s onsite analysis of the products in the client’s environment. After a successful review, the client decided to buy them.

Discussions between the two companies had started in June 2006, and the deal was finally closed on September 8, 2006. RS used its product frameworks and customized them as per client requirements. Once deployed, the products runs in a live environment.

RS has now become the client's preferred technology partner. The company is building a next-generation credit card processing system focused on the needs of Independent Sales Organizations and agent banks. They intends to be a leading merchant processor in the US in the next couple of years.

The client recently signed another new contract. The project involves designing and developing a clearing engine.

The client is clearly happy with the quality of work RS has delivered. The company has repeatedly expressed trust and satisfaction.

RS Software participates in ETA annual conference
April 21, 2007 - The ETA trade show was great and successful! The annual show for the retail electronic payments industry was held at the Mandalay Bay Hotel in Las Vegas from April 17-19 and attended by over 1500 people. RS’s demonstrated the Merchant Boarding solution in the booth. Our simple interface and comprehensive features (click for more information) caught the attention of many attendees. As well RS launched their new look which coincides with the rebranding of this website. The Power to Move Money.