Radiant Cash Management Services Expands into Digital Payments

Radiant Cash Management Services Limited (RCMS) has approved amendments to its Memorandum of Association (MOA) to enter the digital payments sector, adding payment aggregator and payment gateway services as new business objectives. The move, approved via special resolution on December 8, 2025, marks a strategic shift toward building an integrated "phygital" platform combining its core cash logistics with digital payment solutions. The company now aims to: Develop and operate secure web and mobile-based payment platforms Facilitate seamless business payments and settlements Offer end-to-end payment processing in compliance with RBI regulations This expansion aligns with India’s growing digital economy and allows RCMS to diversify its revenue streams while leveraging its existing financial network. Implementation remains subject to RBI and regulatory approvals. By bridging physical and digital financial infrastructure, RCMS is positioning itself for broader relevance in the evolving fintech landscape.