Joint Managing Director
Mr Vishwas Patel is the Joint Managing Director at Infibeam Avenues Limited ("IAL" or "Company"), and Founder & CEO of the Company's Payments business.
Mr. Vishwas Patel is the founder of the payment gateway brand, CCAvenue, founded in the year 2001. CCAvenue is among the top 3 online payment gateway platforms in India and also ranks number 2 in the UAE among non-bank private digital payment companies. CCAvenue was recently honored with the Economic Times Best BFSI Brands 2021 Accolade and has been selected second year in a row as among India's renowned and most trusted brands by Superbrands India.
Under his leadership IAL has developed a full stack payments portfolio covering Payments Acquiring, Payments Issuance, Domestic and International Remittance and Assisted Commerce in financial services. He has also expanded payments business in international markets covering UAE, Saudi Arabia, Oman, and the USA, and plans to expand in multiple geographies in the coming years to make the payments business global.
Mr. Patel has studied law and was a practicing counsel on the original side of the Bombay High Court.
Mr. Vishwas Patel has made significant contribution towards shaping and giving direction to the digital payments industry for nearly two decades in India.
He is currently the Chairman of the Payments Council of India, the primary industry body representing all the digital payments providers in India. PCI works closely with the regulators i.e. Reserve Bank of India (RBI), Finance Ministry and any similar government, departments, bodies or Institution to make 'India a less cash society'. He also serves as a member in various RBI committees to deepen digital payments in India.
In recognition of his path-breaking accomplishments and stellar contributions as an industry leader in the Indian Fintech sector over the past two decades, he has been conferred many awards; Entrepreneur of the Year in Service Business - SaS & IT at the Entrepreneur Awards 2020, Intellectual Explorer Award 2020, Payments Entrepreneur of the Year accolade at the Payments & Cards Awards 2019, Asia Pacific Information Security Leadership Achievements Award 2007.