6 days ago

DBS Bank India expands DBS MAX for multi-gateway digital collections

DBS Bank India has added new tools to its DBS MAX platform for businesses.

The tools were developed with Juspay, a payment technology company.

They help businesses manage payments from several payment gateways in one place.

The system can choose a payment route using rules set by the business and payment performance.

A dashboard shows successful payments, refunds and reconciliation information.

Businesses can change payment providers without making many technical changes.

The platform also supports card tokenisation when gateways are switched.

DBS says the goal is to make digital payments easier to manage and more reliable for merchants.

Key facts

Platform: DBS MAX, DBS Bank India’s merchant collections platform.
Technology partner: Juspay, a global payment infrastructure company.
Routing capability: Intelligent routing based on merchant-defined rules and payment performance.
Dashboard coverage: Payment success rates, refunds, reconciliation, payment gateways and payment methods.
Merchant flexibility: Businesses can add or switch supported payment aggregators with minimal technical changes.
Additional feature: Gateway-agnostic card tokenisation when merchants switch between supported gateways.
DBS presence in India: DBS Bank India is present in approximately 350 locations across 19 Indian states.

theprint.in · 6 days ago