Industry veteran and Pine Labs’ Chief Transformation Officer Sumit Chopra transitions to a new role of COO – Pine Labs, Digital Payments.
In this new role, Sumit will lead the digital payments business “for the company and will spearhead sales, customer experience, and operational excellence.”
Chief Business Officer Kush Mehra, who has “built the digital payments business from inception, will take over the responsibility of expanding existing and new business opportunities for Pine Labs in India and overseas markets like Southeast Asia and the Middle East.”
As noted in the update, Pine Labs is “a leading merchant commerce omnichannel platform operating across India, the Middle East, and Southeast Asia.”
Pine Labs’ tech-first approach to digital payments and focus “on simplification at the front end aims to help many businesses embrace fintech products at scale.”
In digital payments, our online payments cloud-based software Plural represents “a one-stop payments destination across channels.”
Plural is designed to deliver secure and frictionless “online payment experiences to the end user, powered by an advanced tech stack that can augment an existing online business or build an all-new e-commerce payment setup from the ground up.”
Their Issuing business is powered “by Qwikcilver – Qwikcilver offers a full-stack, end-to-end technology service solution in the Pre-paid Transaction Management, Gift Cards, and Sales/ Distribution Space, with a strong presence in multiple countries and live service engagements with leading brands and major customers from the Retail, Hospitality and Airline Industries, across the following geographical regions; South Asia – India, South East Asia and the Far East – Singapore, Malaysia, Indonesia, Philippines, Middle East and Africa – Dubai, Abu Dhabi, South Africa, Europe – Luxembourg and Czech Republic, Australia, New Zealand and Hawaii in the United States of America, at the present moment.”
In consumer app, Fave is a fintech platform “for the next generation of consumers, providing smart payments and savings, while empowering merchants with a loyalty solution to grow and engage with their customers in a whole new way.”