The client is one of the largest online payment service providers in India. Client’s integrated solutions are making digital payments easy and accessible to merchants, financial institutions and governments. With over 100Mn API calls per day, across 170+ Payment Methods and 3Bn payments aggregating over USD 90Bn, the client’s platform stands ahead with robustness and service dependability.

RBI has come up with the mandate for processing Standing Instructions for all the issuers.

Our client wanted to build a platform which would be a one-stop solution that would comply with all the guidelines of RBI and provide a seamless, secure yet customizable solution for banks.

In order to protect the interest of the customers, the Reserve Bank of India had published a set of guidelines for Issuers that gave more control and convenience to the customers that have registered their standing instructions with merchants. All banks were to comply with these guidelines from Sept 2021.

When RBI published the guidelines, TechBulls along with the client brainstormed the idea, curated the workflows, documented the Business requirements and established the technology specifications and architecture. The mockups, APIs and databases were designed for the product.

TechBulls followed an agile methodology for development with a 2 weeks sprint plan where Gitflow workflow was followed to ensure code quality. All the common and reusable components were isolated and introduced as libraries in the project.

Complying with the RBI audit guidelines was critical for incorporating in the platform with the core banking systems for initiating payment.

PCI DSS guidelines to be complied and incorporated into the product.

We identified all payment and PII(Personal Identity Information) related data and implemented the security around it by encryption, secure logging, safeguarding the data, and encrypting the data at rest.

TechBulls implemented CI/CD pipelines using Jenkins and ELK stack and grafana were used for monitoring and alerts