TerraPay appoints Ritesh Pai as Senior VP Product- Payment Solutions

TerraPay, a global payments infrastructure company announced the appointment of Ritesh Pai as Senior Vice President Product- Payment Solutions.

In his new role, Ritesh would lead the Payment Solutions division, in managing strategic partnerships and special projects. He would play an integral role in envisioning and developing the Company’s future proof payments processing infrastructure in linking global partners with TerraPay’s one-to-many connection, at affordable prices. 

Prior to this role, Ritesh served as Senior Group President & Chief Digital Officer at Yes Bank, where he spearheaded the digital strategy of the bank.

Prior to Yes Bank, Ritesh has been associated with some of the leading private banks, driving their digital channels portfolio, such as HDFC Bank, Kotak Mahindra and RBL Bank in addition to prominent brands like Ratnakar Bank, REV Asia Pacific and Fidelity National Information Systems.

Commenting on the appointment, Ambar Sur, Founder and CEO, said, “Ritesh’s rich knowledge and experience in the digital payments domain with his highly result oriented approach, makes him instrumental in our Solutions forte. I am confident that his innovative and strategic leadership will guide TerraPay chart new waves in digital payment solutions across markets globally, enabling a transformation in cashless acceptance, internationally. I wish him all the very best.”

Ritesh Pai on his appointment said, “The evolution of the payments industry continues to be driven by changes in technology and customer behavior. Our vision is to empower all regions – developed and underserved, with financial solutions enabling them to Send, Spend, Manage and Grow, by offering propositions that are outcome oriented.  I look forward to my journey at TerraPay in driving this initiative.”

TerraPay is a leader in providing seamless and secure cross-border real time payments through digital interoperability across diverse financial instruments such as mobile wallets and bank accounts.

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