PhonePe has named Ritesh Pai as the CEO of its International Payments business. Bringing a wealth of experience in the Digital Payments sector, Ritesh is recognized for his accomplishments in introducing innovative solutions and forging strategic business partnerships on a global scale. In his previous position as the President of Products and Solutions at TerraPay, he played a pivotal role in launching and implementing payment products and solutions worldwide. Before that, Ritesh served as the Senior Group President & Chief Digital Officer at Yes Bank, where he spearheaded the bank’s digital strategy and transformation, successfully initiating several partnerships with key players in today’s FinTech landscape.
Speaking on the appointment Sameer Nigam, CEO and Founder of PhonePe said, ‘’We are delighted to welcome Ritesh onboard as CEO – International Payments’ at PhonePe. Ritesh has been an early believer and staunch supporter of the company and was very instrumental in our early UPI success story. I’m delighted that he’s joined us to lead our international growth plans. I would like to wish him the very best in his new role.’’
Ritesh Pai, CEO – International Payments’ at PhonePe added, “I am excited to join PhonePe as it takes significant strides in shaping the future of digital payments on a global scale. PhonePe has achieved market leadership in India with its unwavering commitment to product innovation and building customer-centric solutions. I am confident that this same focus will help us expand our footprint beyond national borders, taking our payment technology to an international audience.”
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