Our long standing colleague Kiran Vasi reddy has been appointed as the Chief Operating Officer (COO) for our payments business. Going forward, Kiran will be overseeing all product and business functions for the payments division in line with our plan to bring half a billion Indians into the mainstream economy.
Over his nearly decade long association with us, Kiran has held several key business roles at the company. He has played a pivotal part in leading our payment solution to become the country’s leading digital payment method. Under his leadership, we have ventured into multiple new avenues for digital payments across categories such as utility bill payments, transportation, education fees and metro recharges, among others.
Kiran has also spearheaded our expansion into offline payments and our QR code solution across large organized retailers, parking lots, hospitals, tolls, petrol pumps, corporate food courts and neighborhood offline stores. In a short span of time, we has enabled millions of small merchants to accept payments at their stores with our QR-based solution.
“We are absolutely committed to make digital payments extremely simple and accessible. This year, we are aiming for ten million merchants on our platform, which puts us on the right path to build one of the largest payment networks in the world.”
– Kiran Vasireddy
We were the first company in India to invest in proprietary QR Code-based payments technology. Today we are powering digital payments for over 5 million offline merchants and have become synonymous with digital payments in the country.