RS Bill@Edge™

Simplifying Bill Payments,
Empowering Businesses

An Inclusive and Innovative Solution

RS Bill@Edge™ revolutionizes bill payments with its Overlay Services seamlessly integrating with existing faster payments rails, offering simplified infrastructure and enhanced value propositions.

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Features

Features such as verified biller onboarding, effortless invoice conversion, ISO20022 compliant core messaging structure and granular biller controls streamline the payment process, reducing implementation costs and APP fraud.

RS Bill@Edge™ empowers banks to engage consumers with a suite of services including bill consolidation, superior bill presentment, flexible payment options, and efficient dispute management. Consumers benefit from enhanced control and transparency throughout the bill payment lifecycle.

Common standards

Common standards

Messaging adheres to ISO20022 standards, enhancing efficiency and interoperability
 

Trusted Ecosystem

Trusted Ecosystem

Can establish a verified ecosystem of billers and consumers, ensuring transparent and secure transactions.
 

Unified Payments Hub

Unified Payments Hub

Enhanced payment reconciliation and data services for billers across banks and subsidiaries
 

Scalable Partnerships

Scalable Partnerships

Easy creation and management of bank-biller associations, improving efficiency and scalability
 

Streamlined Invoicing

Streamlined Invoicing

Converts bulk invoices into Request to Pay messages, facilitating swift and secure payment processing
 

Omnichannel Payments

Omnichannel Payments

Supports both Bill Fetch (PULL) and Bill Presentment (PUSH) across channels, enabling seamless convergence
 

Monetized bill payments

Monetized bill payments

Can be operated as a self-contained bill payments network, offering control over compliance and monetization
 

Enhanced Experience

Enhanced Experience

Functions as an overlay on faster payments rails, ensuring better leverage and improved user experience
 

Simplified payments

Simplified payments

Offers bill generation and integrated payments and payouts, providing financial solutions for small businesses
 

Our demonstrated track record

Transforming India's bill payment landscape to ensure a unified, nationwide bill presentment and payment service.

RS Bill@Edge™ powers India's Bharat Bill Payment System (BBPS), established by the National Payments Corporation of India (NPCI). Offering a unified platform, it enables consumers to manage various bills effortlessly, while empowering Banks and Fintechs to enhance user experiences. With adoption growing at an impressive ~500% CAGR since 2018, it serves as the preferred choice for stakeholders across the billing ecosystem.

Our demonstrated track record

Equipping more than 10 FIs to onboard, engage and delight billers, agents and consumers through a portfolio of value-added services.

RS Bill@Edge™ simplifies onboarding, configuration, invoice generation, notification management, transaction search, complaint/dispute resolution, refunds, custom MIS reports, and downtime notifications. It also enables invoice conversion for billers via biller banks and integrates with payment gateways of consumer banks for seamless reconciliation.

Numbers are the best testimony to our credentials

> ~1.1 billion
> ~1.1 billion

bills processed in FY2023 on the bill payment network built by RS Software

7+ years
7+ years

of Bill Payments in India

12 million
12 million

transactions/month 500 TPS

Insights

January 8, 2025 Simplifying Complex Invoices: AI-Powered Bill Summarization using GPT Models

Confused by dense, multi-page bills filled with obscure terms and fine print? You're not alone. Trad

January 6, 2025 Smart Contracts: Transforming Billing and Payments in B2B

The complexities of B2B billing—ranging from multi-party agreements and cross-border transactions

December 8, 2022 RBI enhances UPI Mandates and expands Scope of BBPS

In his statement during the Monetary Policy Meeting on December 5-7, 2022, the RBI Governor announce

September 29, 2020 Bill Payments - A disruption waiting to happen

It is generally believed that the smartphone has disrupted society by replacing the simple cell phon

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