Sumil Vikamsey appointed as MD of Hitachi Payment Services

Hitachi Payment Services has announced the appointment of Sumil Vikamse as the new Managing Director of the company.

An Overview of the News

Vikamse was earlier the CEO of Cash Business at Hitachi Payment Services.
He takes over from Rustam Irani, who retires on March 30, 2023.
Vikamsey was inducted on the board of the company on 1 April 2023.
During his tenure at Hitachi Payment Services, Vikamse has been responsible for various functions including finance, strategy, development, analysis, white-label ATM program and allied business domains.

About Hitachi Payments

It is a payment solutions company which is working since 15 years.
The company offers a range of payment solutions that cover various stages of the payment process, including ATM services, Cash Recycling Machines, White-label ATMs, POS solutions, Toll and Transit solutions, Payment Gateway solutions, SoftPOS, Value-added POS Services and digital merchant onboarding included.
The Reserve Bank of India has recently given in-principle approval to Hitachi Payments to start its payment aggregator business.
Hitachi Payments has set up its first in-house cash management unit in Noida.

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