RS RTPS™ is an advanced, state-of-the-art, real-time payments processing platform that is capable of processing instant account-based payments with very high throughput and volume. It is designed to enable both pull and push payments for retail and corporate customers, merchants and governments. RS RTPS™ supports both Pre-funded Settlement and Net-deferred Settlement; with Net Debit Cap and Real Time Liquidity Monitoring.

RS RTPS™ is built based on microservice architecture and ensures 24×7 availability, 99.999% reliability, horizontal and linear scalability, 3000+ TPS throughput and end-to-end security. The platform can be implemented in multiple data centers in Active-Active mode or Active-Passive mode ensuring near zero RTO and RPO. The platform supports end-to-end encryption using RSA 2048-bit encryption methodology. The technology stack is chosen carefully to ensure that there is no stringent license binding on the owner, and Total Cost of Ownership [TCO] remains significantly low.

RS RTPS™ is designed with a ‘mobile-first’ strategy that supports ISO 20022 protocol and ensures seamless integration with mobiles, using both payment APIs and meta-APIs that enable authentication, payment and notification functionalities. The platform is future-ready to meet the demand of future expansion and integration with other platforms or components as and when required.

1. Supports both Push Payment and Pull Payment [Request for Pay]
2. Immediate Notification to Originating Customers and to Beneficiary Customer within SLA
3. Supports both Deferred net settlement and Real-time settlement and Liquidity Monitoring
4. Smart Addressing enables payment with virtual payment id
5. Enables fraud and anti-money laundering checks with FRM integration
6. Adopts ISO20022 in order to embrace the all relevant payments data
7. Adapts to regulatory changes and market demands with Scheme based rule management
8. Supports integration with Mobile App through Digital Overlay Service Layer
9. High configurability to support local market requirements; Enables the services to be deployed in multiple ecosystems
10. Lower TCO with more functionalities built in the central infrastructure and built on open source technology

1. Onboarding and access management
2. Recurring payments
3. Batch processing
4. Transaction based Analytics
5. Admin Portal and Dashboard

The platform is based on microservice architecture with modern modular design.

Key Technical Features

• Supports both Active-Active as well as Active-Passive[DR] architecture for high throughput
• Horizontally and vertically scalable with highest throughput benchmarked at 3000 TPS
• End-to-end data encryption with as high as 2048-bit encryption supporting all standard algorithms like TDES, SHA2, AES, TLS etc.
• Open Software languages
• Support for open source databases and middleware
• Context-free servers and asynchronous queues
• Configuration and scripting to achieve localization
• Resilience through clustering with DR via the database
• Memory-based queuing and NoSQL for transaction data
• Reduces need for specialist resources
• Agile product lifecycle to feed Continuous Integration pipeline

Scalable

The platform has the ability to scale up and down to support varying numbers of users or transaction volumes. The application is able to scale horizontally (by adding more servers) or vertically (by increasing hardware capacity or software efficiency).

Flexible

RS RTPS™ is built on modular architecture, which isolates the complexity of integration, presentation, and business logic in order to allow for the easy integration of new technologies and processes within the application.

Fault tolerant

RS RTPS™ is built on N+1 architecture, eliminating any single point of failure.