WhatsApp appoints ex-Amazon executive to head India payments division
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Manesh Mahatme has over 17 years of expertise in digital monetary companies and payments throughout Citibank, Airtel Money and Amazon.
WhatsApp mentioned on Monday it has employed Manesh Mahatme to head the payments division in India. WhatsApp Pay obtained approval to function from the National Payments Corporation of India (NPCI) final November.
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Mahatme has over 17 years of expertise in digital monetary companies and payments throughout Citibank, Airtel Money and Amazon. He labored because the Director and Board member of Amazon Pay India for practically seven years the place he led development, product and engineering groups.
Digital payments have grown standard with UPI transactions rising over 90% in February, in contrast to the earlier 12 months. UPI payments now account for greater than 70% of all digital transactions. At current, Google Pay, Walmart’s PhonePe and Paytm seize majority of the UPI market share
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“We are excited to have Manesh join our WhatsApp India team. Manesh has been one of key innovators driving the growth of digital payments in India over the last decade, and his experience will help us maximize the impact and scale of payments on WhatsApp,” mentioned Abhijit Bose, Head of WhatsApp in India.
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