Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, October 07 2021 - 10:00
AsiaNet
TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy - Payments
THE HAGUE, Netherlands, Oct. 7, 2021 /PRNewswire-AsiaNet/ --

In a strategic move to strengthen the Payment Solutions business, TerraPay, a 
global payments infrastructure company today announced the appointment of Mr. 
Deepak Bhutra as the President of Business Development and Strategy-Payments. 
Deepak brings in over two decades of rich frontline industry experience across 
various organizations, helping them build their businesses and become 
future-proof by developing innovative business strategies.

In his new role, Deepak would be focusing on expanding TerraPay's payments 
domain and spearheading its growth. His rich industry knowledge and expertise 
would help him enhance TerraPay's value proposition by adding payment 
capabilities to the remarkable business line. Thus, strengthening TerraPay's 
credibility and trust amongst key partners. Over the years, Deepak has 
developed an affinity to payments practices across the spectrum. He has worked 
with key technology processing companies like FIS, First Data, Worldline and 
Mastercard. Deepak has also showcased his leadership skills during his tenure 
with JP Morgan and India Tranasact Services as the VP and CEO respectively. He 
also founded Dazzlepay Payment Processing Pvt Ltd in 2017.

Welcoming Deepak to TerraPay, Ambar Sur, Founder, and CEO commented: "We look 
forward to Deepak's expertise in spearheading TerraPay's transition from 
remittances to payments infrastructure. His rich knowledge and experience in 
the payments domain with a highly result-oriented approach makes him 
instrumental in our payments forte. His understanding of the payments domain 
paired with his innovative growth strategies will help in expanding TerraPay's 
formidable business and help us in capturing the payments markets 
internationally. I wish him all the very best for his new journey with us at 
TerraPay."

Speaking about his appointment, Deepak Bhutra said: "TerraPay has undoubtedly 
established itself as a trusted partner in global payments and cross-border 
transactions. I believe payment is the next growth engine for TerraPay as the 
company transitions from a remittances company. I am confident that together, 
we will be able to reinforce TerraPay as a preferred partner across the entire 
spectrum of payments. To achieve this vision our initial strategy would involve 
extending payout capabilities to B2B, B2C and C2B segments which will aid us in 
achieving our long term vision of being a leading player in the payments 
business."

About TerraPay

Headquartered in Amsterdam, TerraPay is a licensed digital payments 
infrastructure and solutions provider. Since 2014, the company has been 
building an ever-expanding payments highway that empowers businesses with an 
uninterrupted, secure, and real-time global passage for every payment, however 
small or large. Registered and regulated across 15 global markets, TerraPay is 
a leading global partner to banks, mobile wallets, money transfer operators, 
merchants, and financial institutions, creating a rich payment ecosystem that 
supports a range of diverse payment types and instruments. With a single 
integration, the company connects their partners to this deep-rooted global 
network, backed by strong compliance and security standards.

For more information, please visit https://terrapay.com.

Photo - https://mma.prnewswire.com/media/1654378/TerraPay_Deepak_Bhutra.jpg
Logo - https://mma.prnewswire.com/media/1222771/TerraPay_Logo.jpg

Contact: 
Anwesha Mukherjee 
+919717241606 
anwesha@terrapay.com

Source: TerraPay
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