Computer Age Management Services Limited (CAMS) informed the exchanges on August 20, 2025, that it has received a no-objection letter from the Reserve Bank of India (RBI). The approval allows the company to transfer its online payment aggregator business to its wholly-owned subsidiary, CAMS Payment Services Private Limited (CAMSPAY).
CAMS stated that the transfer of the payments business to CAMSPAY will take place in due course, after obtaining the necessary approvals. Once the transfer is completed, the Certificate of Authorisation held by CAMS will be voluntarily surrendered to the RBI.
CAMSPAY, a subsidiary of CAMS, will house the company’s payment aggregation activities.
CAMSPay’s New Payment Gateway is engineered to handle high-volume, real-time transactions while meeting today’s stringent regulatory standards. Key features include:
These features ensure a seamless payment experience for sectors ranging from retail and e-commerce to financial services and insurance.
Read more: CAMS Launches Next-Gen Payment Gateway to Tackle India’s Evolving Payment Landscape!
As of August 21, 2025, 10:57 AM, Computer Age Management Services share price was trading at ₹3,905.60, a 1.63% increase from the previous closing price.
The RBI’s clearance is the start of CAMS’ process to shift its payment aggregator business into its dedicated subsidiary, CAMSPAY. The company has stated that the transition will be carried out in line with applicable approvals and regulatory guidelines.
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Published on: Aug 21, 2025, 11:27 AM IST
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