Vishwas Patel re-elected as chairperson of Payments Council of India

The Payments Council of India (PCI), the apex body representing the digital payments ecosystem in the country, has announced the unanimous re-election of Vishwas Patel, Joint Managing Director of Infibeam Avenues Limited (CCAvenue), as the Chairperson for the 2025–27 term.

The Executive Council of PCI also approved the appointment of M. N. Srinivasu, Co-founder & Director of BillDesk, and Nalin Bansal, Chief of Corporate Fintech Relationships & Key Initiatives at NPCI, as Co-Chairpersons for the same term.

Speaking on his re-election, Patel said, “The digital payments industry in India is at a critical juncture with rapid adoption, regulatory evolution, and the push towards global leadership. PCI remains committed to fostering innovation, ensuring consumer trust, and working closely with regulators to build a sustainable payments ecosystem.”

PCI plays a pivotal role in representing the interests of payment service providers including banks, card networks, wallets, payment gateways, UPI players, and fintechs. Over the years, it has been instrumental in driving policy dialogue, advancing industry standards, and supporting India’s vision of becoming a digital-first economy.