Payments Council of India (PCI), an apex body representing companies in payments and settlement system, has a new Chairman in Vishwas Patel.
Patel, who is Director at Infibeam Avenues, has been associated with PCI since its inception in 2013 and was serving as the co-Chairman of PCI. He takes over from Naveen Surya, who has been elevated to the post of Chairman Emeritus.
The Payments Council of India was formed under the aegis of IAMAI in the year 2013 catering to the needs of the digital payment industry
The Council was formed inter-alia for the purposes of representing the various regulated non-banking payment industry players, to address and help resolve various industry level issues and barriers which require discussion and action.
The council works with all its members to promote payments industry growth and to support our national goal of ‘Cash to Less Cash Society’ and ‘Growth of Financial Inclusion’ which is also the Vision Shared by the RBI and Government of India.
PCI works closely with the regulators i.e. Reserve Bank of India (RBI), Finance Ministry and any similar government, departments, bodies or Institution to make ‘India a less cash society’.
The Internet and Mobile Association of India [IAMAI] is a young and vibrant association with ambitions of representing the entire gamut of digital businesses in India.
It was established in 2004 by the leading online publishers, but in the last 10 years has come to effectively address the challenges facing the digital and online industry including mobile content and services, online publishing, mobile advertising, online advertising, e-commerce and mobile & digital payments among others.
It is the only professional industry body representing the online and mobile VAS industry in India.
The association is registered under the Societies Act and is a recognized charitable institution in Maharashtra.