Mani Mamallan

Mani Mamallan,Founder, Chairman & Managing Director of Electronic Payment and Services (P) Ltd., is well known for his in-depth knowledge, innovation and ingenuity in the retail technology banking space, including the microfinance domain. This year, Mani has been honoured as one among the Top Influential Business Leaders 2017 by Insights Success magazine, followed by Top 35 FinTech Entrepreneurs 2017 by The Smart CEO magazine. In conjunction, he is the first Indian to be nominated as an International ATM Industry Champion in April 2016 by the global ATM Industry Association (ATMIA) with over 7500 members in 65 countries.

With Mani spearheading the organization, EPS in on the Regional Board (India chapter) of the global ATM Industry Association (ATMIA) and an active member of Confederation of Indian Industry (CII), Payments Council of India (PCI), Internet and Mobile Association of India (IAMAI), as well as an advisor on the National Advisory Committee (NAC) of IBEX INDIA.

With over three decades of experience in Banking, Organization Development, Payment Systems and ATM Outsourcing & Shared Networks, Mani is known as The Architect behind Indian ATM Systems and was honored with the Entrepreneur of the Year award earlier by Silicon India. In recent times, EPS was adjudged to be featured under Top 30 Fastest Growing Company in Asia by Silicon Review. He is a regular contributor to the media and has been part of numerous forums, seminars and conferences on the ATM & Payment Systems industry in India. Mani is highly renowned for his business acumen, strategy and vision among p eers and professionals in the banking community across India.

Under Mani's leadership, the company recently expanded its footprints into Sydney, Australia. This subsidiary company will be known as Electronic Payment Australia PTY Ltd and responsible for professional services in the payments and banking domain for the APAC region.

Professional Background
Before founding EPS, Mani Mamallan was the Chief Marketing Officer (CMO) at C-Edge Technologies Limited, a joint venture between Tata Consultancy Services Ltd. (TCS) and State Bank of India, where he was responsible for conceptualizing the implementation of a revolutionary transaction based 'ATM Outsourcing Model' which led to the Ministry of Finance initiated Brown Label ATMs in India.

Prior to joining C-Edge Technologies Limited, Mani Mamallan was Sr. Vice President and Head of FSSNeT, the services arm of M/s. Financial Software and Systems (FSS), where he spearheaded activities in the payments systems domain. He was responsible for winning major deals with Bank of Maharashtra, where he bagged the mandate for total ATM outsourcing and has implemented 350+ ATMs for the Bank; followed by another mandate from UCO Bank for deployment of 250+ ATMs with ATM sites and valueadded services; as well as a prestigious order from State Bank of India for their ATM Managed Services for managing and monitoring 3000+ ATMs across India. At present the company stands at over 6000 ATMs deployed across India. Preceding his role at FSS, Mani Mamallan was the Chief Operating Officer (COO) of India Switch Company (ISC) where he was highly instrumental in building and initiating 'Swadhan' in 1997, the 1 st shared payment network in India, promoted by Indian Banks' Association (IBA) for their member banks and was serviced by the India Switch Company (ISC). The company was later acquired by eFunds International Inc. USA for USD 20 Million.

Mani Mamallan initiated his career in the banking domain with Indian Overseas Bank, then Punjab National Bank and moved over to UTI Bank (now Axis Bank) as a Senior Manager, where his achievements include setting up the Bank's ATM Switch, IP network etc. Mani's core competency is building companies from scratch, from the conceptual stage to transforming it into a leading company with assured revenue streams. Mani's forté is providing out-of-the-box services and new business models, while his leadership skills are well known in the way he has moulded companies like ISC. Where he built the company from a start-up to 150+ personnel and ultimately yielded substantial revenue for the promoters to the tune of USD 20 Million, during in its acquisition by a leading American MNC.

In a considerably short duration, since Mani founded EPS in 2011 the start-up company has witnessed tremendous growth with annual revenues exceeding 170 crores at the end of FY 2017, a widening pool of talented resources and an ever-increasing footprint and clientele across India.

 

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