Paycraft Solutions Pvt. Ltd.
Yogesh Shetye currently serves as the President at Paycraft Solutions Pvt. Ltd. since January 2022, focusing on strategic business partnerships and alliances. Prior experience includes an Associate Director role at PwC from October 2014 to February 2022, where responsibilities encompassed business development for digital payment products, transit, and government payment services, along with in-depth knowledge of Visa/Mastercard interchange and scheme fees. Yogesh also held positions as a Manager/Principal Consultant and Senior Consultant, contributing to the growth of the Digital Payments practice and managing cost reductions for banks. Earlier in career, Yogesh worked as a Manager at HDFC Bank from January 2000 to December 2011. Educational qualifications include a Postgraduate Degree from XLRI Jamshedpur in the Senior Leadership Program, an MBA in Finance from the Mumbai Educational Trust, and SSC from Parle Tilak, along with studies at Wilson College, Mumbai.
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Paycraft Solutions Pvt. Ltd.
Paycraft is a payments company focussed on offline payments for transit, toll, fuel and smart cities. The company is a pioneer in developing a host of open loop payment products including a debit and prepaid platform, automatic fare collection platform, instant issuance along with specialized payment products like host card emulation (HCE), card applet development and terminal kernel solution and more. Paycraft is a preferred partner for open loop card & payment solutions to banks, global consulting companies, transit operators, payment processors, card & device manufacturers, and many others. We are one of the thirteen official Token Service Providers globally for VISA. We are disrupting transit in India by adhering to open loop payment standards to make it convenient for passengers, while at the same time reducing costs and increasing revenue potential to all the stakeholders involved. Paycraft is currently engaged in Kochi, Bengaluru, Ahmedabad and Surat with around ten more public transport operators in the pipeline. In the process, we handle millions of commute transactions in India.