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Reimagine and Reinvent

Adapt to the rapid evolution of payments

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Market Outlook

As the payment landscape changes, payment service providers need to adapt to new channels and payment methods. Alternative payment methods have emerged with enriched customer experience; PSPs need to ensure that merchants benefit from these new payment methods. Regulators have opened access to banking and payments networks, facilitating market penetration and disruption for the new entrant PSPs. There is a renewed focus on security, soundness, and trust inherent in what has been built over the last decades by traditional banks. Thus, PSPs must focus on PCI compliance activities, tokenization, and related initiatives to ensure enhanced security across an omnichannel acceptance experience. Another critical factor to business success is digitization, which drives rapid on-boarding and approval of merchants; data quality, and entity resolution for a single customer view; effective fraud, risk, and chargeback management.

What RS can do for you

  1. Deliver API Technology from strategy to implementation for co-innovation with FinTechs and Developers for faster time to market 
  2. Enable acceptance across payment channels and methods for an omnichannel offering to your customers 
  3. Enable a secure and frictionless experience for digital channels with advanced tokenization and authentication solutions that drive the reduction in fraud and chargebacks
  4. Enable faster merchant and partner onboarding with automated underwriting delivered by RS MerchantEdge™
  5. Provide a full suite of EMV certified terminal applications with comprehensive, terminal manufacturer agnostic, and cloud-enabled terminal and estate management solution. This provides merchants and PSPs flexibility to deploy multiple terminal devices across a brand manufacturer
  6. Enable digital wallets for a card and account-based payments, as well as enable faster payment methods for a consumer to business and business to business payment
  7. Reduce time to market and optimize cost for pre-certification and certification through RS Test2Pay platform that delivers end to end testing, automation, and sandbox capabilities
  8. Leverage big data technology to implement a data lake, and apply advanced analytics to achieve data quality and entity resolution resulting in a one-customer view and enhanced reporting
  9. Leverage RS advanced analytics capabilities in artificial intelligence (AI) and machine learning (ML) to drive actionable insights resulting in instantaneous value for merchants and consumers. i.e., predict and action merchant attrition
  10. Deliver automation, testing, and certification services to accelerate readiness for advanced authentication specification like 3DS2, Secure Remote Commerce (SRC)

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