Re-election of Vishwas Patel as PCI Chairperson Enhances Digital Payments Ecosystem

The Payments Council of India (PCI), the foremost authority representing the digital payments landscape in the nation, has declared the unanimous re-election of Vishwas Patel, who serves as the Joint Managing Director of Infibeam Avenues Limited (CCAvenue), as the Chairperson for the 2025–27 term. The PCI’s Executive Council also appointed 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 period.

In response to his re-election, Patel indicated that the digital payments industry in India stands at a crucial point with swift adoption, evolving regulations, and an initiative towards global dominance. PCI is steadfast in its dedication to promoting innovation, building consumer trust, and collaborating closely with regulators to establish a sustainable payments ecosystem.

PCI plays an essential role in advocating for the interests of payment service providers, which include banks, card networks, wallets, payment gateways, UPI players, and fintech companies. Over the years, PCI has been vital in facilitating policy discussions, enhancing industry standards, and contributing to India’s goal of becoming a digital-first economy.