TranServ ropes in PayPal, MobiKwik veterans for its top management

TranServ, the digital payments company, has appointed Salil Mody as its SVP - Corporate Strategy and Ushpinder Singh as the SVP and Head- Merchant Business. Salil comes with an MBA from Kellogg School of Management and holds a Master’s degree in computer engineering from University of California. He comes with experience in the payments space with 8 years at PayPal across Silicon Valley and India. His last role, prior to joining TranServ, was at MasterCard where he was responsible for market development for South Asia. At TranServ, Salil will focus on driving corporate strategy, inorganic growth and innovative initiatives like micro-credits. Ushpinder has joined TranServ to lead the Merchants Business and would be responsible for sales of the Udio product suite with a focus on API integrations and digital payment solutions of the company. Ushpinder comes with 16 years of work experience with 6.5 years in the mobile payments space. Prior to TranServ, he was heading partnership and strategic alliances at MobiKwik. Before venturing into mobile payments, Ushpinder has worked with various CMM L5 technology consulting companies, both in India and US. Speaking on the new appointments, Anish Williams, Co-founder & CEO, TranServ, commented, “2016 is an important year for us at TranServ. We launched our flagship product Udio, India’s first social wallet, and have been adding interesting features to our Udio product suite for merchants. We have even forayed into the corporate space with expense management solutions, and have also just secured Series C investment from Micromax and IDFC Mutual Funds. We are now aggressively focusing on providing more secure and seamless payment offerings for both our merchants and consumers. By welcoming Salil and Ushpinder, we are looking to leverage their expertise in digital payments to consolidate our leadership position within the Indian market even further.” TranServ recently forayed into the corporate space through its small value employee payments delivered via the Udio app and is looking to capture 35% of the market by the end of the current fiscal, informs the company. It has also partnered with Micromax and Visa to establish a cross-channel, digital-led, online-to-offline payments ecosystem.