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Home / Business and Economy / FSS Platforms Powering Millions of Digital Payments

FSS Platforms Powering Millions of Digital Payments

24 Nov

•

Summary

  • FSS platforms see significant adoption in India and international markets.
  • Blaze payment platform secured over ten major new contracts last year.
  • FSS payment gateway achieved 250,000 transactions per second in tests.
FSS Platforms Powering Millions of Digital Payments

FSS is significantly modernizing banking services for millions of consumers, focusing on faster payments, enhanced security, and improved digital experiences. The company's platforms are experiencing robust adoption in both Indian and global markets.

Over the past year, FSS secured more than ten substantial new contracts for its Blaze payment platform. Numerous banks now depend on FSS for critical processing and reconciliation tasks, with plans to onboard an additional 150 banks to its AI-enabled Smart Recon solution soon.

These implementations are proving vital for banks managing escalating digital transaction volumes. FSS systems are demonstrated to support immense loads, such as over 30 million daily e-commerce transactions at one public sector bank. Its Blaze payment gateway has achieved impressive speeds of 250,000 transactions per second in performance tests, ensuring system stability during high-demand periods.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The Blaze payment platform is a key FSS offering that has secured numerous new contracts and is instrumental in modernizing banking services with faster payments and enhanced digital experiences.
FSS focuses on stronger security measures as part of its aim to modernize banking, ensuring secure and efficient digital transactions for consumers.
FSS's payment gateway under Blaze has achieved remarkable speeds of 250,000 transactions per second in performance tests.

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