Anand Ramachandran, Chief Finance Officer, TechProcess Payment Services Ltd throws light on how the firm has evolved itself to become country’s second biggest e-payments platform. Ramachandran also talks about the company’s strategy to expand its presence in India, its USP and latest innovations with Poulami Chakraborty of Elets News Network (ENN)

Kindly take us through TechProcess journey in Indian market. TechProcess Payment Services Limited has come a long way ever since it commenced its journey in the year 2000 to now become India’s second largest e-payments platform. With the idea to aggregate payments in utility and other sectors, BillJunction Payments Ltd, a start up incubated in ICICI Ventures in 2000, was established as India’s first bill payment platform. The year 2004 witnessed the next wave of transformation with the company pioneering payment services such as standing instructions, recurring payments, offline payments, assured payments to be delivered under an Electronic Clearing Service (ECS) platform.

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