It’s common knowledge that the demand for electronic payments exceeds supply in India. But what’s misunderstood is implementing the necessary infrastructure to meet those demands and figuring out how the government plays a role. TSYS’ Amit Sethi, Managing Director of India and Southeast Asia speaks exclusively to PYMNTS.com about the future of ePayments in India and gives insight into why cash still remains so prominent in this underbanked powerhouse.
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Amit Sethi is a veteran of the global payments industry. During his 25-year career, Sethi has been actively involved in the financial services, technology and outsourcing industries through a series of executive positions with companies such as Bank of America, HSBC, Visa International, KPMG, Oracle Corporation and iGate. Sethi served as Global Sales Head of Financial Services and Service Industries for Sutherland Global Services prior to joining TSYS, one of the world’s largest companies for licensed and outsourced payment services, where he is the Managing Director of India and Southeast Asia.
Sethi has a wealth of experience in retail payments, international business models and in building and scaling businesses. He is also co-chairman of the Prepaid Information Forum (PIF) India.