PayMate appoints vice pres banking alliances and sales

MUMBAI: PayMate India mobile commerce solutions company which has been aggressively growing its payment eco-system to include online portals, voice portals and retailers has appointed Ambreesh Mohan as Vice President- Banking Alliances & Sales to further strengthen its merchant and bank acquisition initiatives.

Mohan joins PayMate after a long stint as General Manager- Sales & Marketing at Venture Infotek. He has over a decade of experience in the banking sector and his role in the financial services segment included selling to & servicing PSU, New Gen Pvt. banks & MNC Banks in India and neighboring countries.

The mobile phone today is more than just an instrument for voice communication. The number of subscribers, the numerous add-on applications and the convenience of always being handy makes one wonder why the device cannot be used to initiate payments. At PayMate we are making this happen in a safe, secure and convenient way. It's an exciting space and I look forward to being a part of this lifestyle changing initiative," says Mohan.

Commenting on the appointment, PayMate India founder and managing director Ajay Adiseshann says, "Ambreesh's valuable experience in the payments industry will be a great asset in aligning our offerings to banks and merchants. His expertise would give us a great impetus in building an alternate payment channel and more importantly building a new viable category which could redefine the payments space."

PayMate is currently being offered to Citibank bank credit card and banking customers and will roll out services with other leading banks shortly. PayMate will shortly be available on several leading websites including travel & hospitality, consumer products, matrimony, jobs, apparels, astrology, gifts, NGO's etc. The company is also in the process of tying up with several offline merchants such as telco's, utilities, insurance companies, cable and broadband services, tele-shopping etc and will be announcing its tie-ups in a phased manner.

Latest Reads
Guest column: Remarketing and its significance for brands

Remarketing is a smart marketing strategy that enables brands to identify and target those specific customers who have visited the brands’ website but may not have made an immediate inquiry or purchase.

MAM Marketing MAM
Wild Stone ad shows men’s desire for precious stones

McNROE, owner of brands Wild Stone and Secret Temptation has launched its latest television commercial for Wild Stone Code.

MAM Media and Advertising Ad Campaigns
Bajaj V's new film paid homage to soldiers this Martyrs' Day

MUMBAI: Bajaj V, the bike forged with the invincible metal of INS Vikrant launched the ‘Postcards of Pride’ film under its famous ‘Invincible Indians’ series. Through the film, Bajaj V asked all Indians to spare a moment to remember our martyrs who laid down their lives in military combat since...

MAM Marketing Brands
Center Fruit launches campaign with new tagline

Perfetti Van Melle India’s leading gum brand, Center Fruit, has launched a new campaign that asks consumers to make their mood Ting Tong.

MAM Media and Advertising Ad Campaigns
Balesh Sharma becomes CEO of merged Vodafone-Idea entity

Vodafone Group and Aditya Birla Group have announced the proposed new leadership team of the merger between two major telecom operators of India - Vodafone India and Idea Cellular.

MAM Media and Advertising People
Center Fruit new campaign asks consumers to make their Mood Ting Tong

Getting bored? Center Fruit now comes to the rescue by making your mood ting tong! That is the new campaign message from Perfetti Van Melle India’s leading gum brand, Center Fruit. The campaign is based on the insight that all of us have unavoidable moments of boredom in our daily life, and a...

MAM Media and Advertising Ad Campaigns
The Breitling cinema squad with Brad Pitt,Charlize Theron, Adam Driver and Daniel Wu

Breitling is pleased to announce the gifted actors who are the members of the first Breitling squads. This imaginative idea involves creating three-person groups (the squads) whose members are all recognized masters in their respective professions. Rooted in the dynamic values of Breitling –...

MAM Marketing MAM
Vivo launches V9 with Aamir Khan

MUMBAI: Handset maker Vivo, has launched Vivo V9, its first flagship smartphone in India with the brand’s new India ambassador Aamir Khan. The phone is designed for the millennials who seek the best smartphone experience.

MAM Marketing Brands
Vice India raring to break into a sprint

MUMBAI: Vice India is betting big on its creative agency Virtue Worldwide, which has helped provide solutions to brands in several markets.  Among the brands under its banner are ABInBev, Samsung, Uber, Airbnb and Google. Now, the agency within the Shane Smith, Suroosh Alvi-founded outfit is...

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories