Vikas Saraogi — VP of Engineering

A global payments industry professional and Leader with more than 17 years of experience in Merchant acceptance, Emerging payment technologies, Transit payments and Issuer account management. Currently heading the merchant acceptance business for India & South Asia for Mastercard and a Director on the board of Mastercard Loyalty solutions. Had the good fortune of being a part of the core team that worked closely with the regulator, government and industry stakeholders in the wake of demonetization, for the launch of 1st global interoperable QR solution called Bharat QR.A proud moment for the Indian payments industry! Was recognized as one of the "50 Most influential Payments professionals" by World Payments Congress. Developed a holistic understanding of payments industry by working closely with all important players of the payments value chain - Issuers, acquirers, merchants, regulator and government. Gained valuable international exposure with a short term business assignment in Europe which helped me develop a global perspective of the payments industry, understanding of developed markets,their nuances and cross cultural sensitivity. Experienced in leading projects from scratch and scaling them up by effective strategy and razor sharp execution skills. Built strategy & led the team to launch QR payments, NFC payments & Transit payments in India. Recipient of the prestigious “President Award “ from MasterCard and “Sarvashresth Award“ from Symbiosis institute -An alumni excellence award for accomplishments in the corporate world. A believer of ethical leadership and driven by a dream to create a cashless society. Specialties: Merchant acceptance, Transit payments, Emerging payment technologies like QR & NFC , Key Account Management.

Stackforce AI infers this person is a Fintech leader with extensive experience in payment solutions and merchant acceptance.

Location: Mumbai, Maharashtra, India

Experience: 13 yrs 3 mos

Skills

Merchant Acceptance
Leadership
Key Account Management
Business Development
Emerging Payment Technologies
Relationship Management

Career Highlights

Led launch of India's first interoperable QR solution.
Recognized as one of the 50 most influential payments professionals.
Recipient of prestigious awards for corporate excellence.

Work Experience

MasterCard

Head -Merchant acceptance ,South Asia (10 yrs 2 mos)

Vice President - Business development ,South Asia (3 yrs 1 mo)

HDFC Bank

Regional Head - North & East India ,Merchant services (9 yrs 4 mos)

Education

Design Thinking and Innovation for business at National University of Singapore

Disruptive Strategy at Harvard Business School Online

MPIB at SYMBIOSIS INTERNATIONAL UNIVERSITY

Bachelors degree at Delhi University

Vikas Saraogi

VP of Engineering

Mumbai, Maharashtra, India13 yrs 3 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Led launch of India's first interoperable QR solution.
Recognized as one of the 50 most influential payments professionals.
Recipient of prestigious awards for corporate excellence.

Stackforce AI infers this person is a Fintech leader with extensive experience in payment solutions and merchant acceptance.

Contact

Skills

Core Skills

Merchant AcceptanceLeadershipKey Account ManagementBusiness DevelopmentEmerging Payment TechnologiesRelationship Management

Other Skills

Account ManagementBankingBusiness Relationship ManagementBusiness StrategyChannel PartnersChannel managementContactless paymentsCredit CardsDigital paymentsEcommerceEmerging payment productsManagementMarketingMerchant acquiringMobile payments

About

Experience

Mastercard

2 roles

Head -Merchant acceptance ,South Asia

Promoted

Jan 2016 – Present · 10 yrs 2 mos

Provide thought leadership, strategy and direction to develop and grow the merchant acceptance ecosystem in South Asia.The vision is to enable every merchant in India to accept digital payments & make India the largest acceptance market in the world.
Director on the board of Mastercard loyalty solutions and a member of MasterCard “ Start Path” program .A partnership programme aimed at startups that are seeking global opportunities to rapidly scale their business .

Merchant acceptanceDigital paymentsStrategyLeadership

Vice President - Business development ,South Asia

Nov 2012 – Dec 2015 · 3 yrs 1 mo

Gained a 360 degree view of the payments industry by working in the account management role for Key member banks of Mastercard.
The role involved key account management and working closely with key member banks to jointly develop & execute strategies to build various payments products and portfolios that includes Credit cards, Debit cards, Prepaid cards, Commercial cards, Acquiring business and new emerging payment products.
Led the division for Transit and contactless payments across the banks. Gained valuable experience of emerging payment products by working on the launch of MasterPass, Paypass and HCE – Mobile based contactless payments.
Launched India’s 1st contactless card, 1st Transit Combo card and 1st Mobile based contactless payments using HCE technology with ICICI Bank.

Key account managementPayments productsStrategyEmerging payment productsKey Account ManagementBusiness Development

Hdfc bank

Regional Head - North & East India ,Merchant services

Jun 2003 – Oct 2012 · 9 yrs 4 mos · New Delhi Area, India

Had the good fortune of joining HDFC Bank as a management trainee in 2003 because HDFC provided a holistic and rigorous 2 month management training program on the overall banking industry to groom management trainees for future leadership positions.
Developed a good understanding & domain expertise in the merchant acquiring business by moving across various roles in acquiring business over nine years. Gained valuable experience of retail sales, relationship management and portfolio management in an individual contributor role and a Team leader as below.
 # Regional Head –North & East India for Ecommerce & POS
 # National Key merchant accounts manager
 # Senior manager –Ecommerce solutions
 # Area Head – Sales & Relationship management
 # Retail POS - Sales & Relationship Manager
Worked closely with solution providers, aggregators and networks to introduce some of the innovative products in the market in the merchant acquiring space like Dynamic currency conversion, Installments on cards, MPOS, integrated billing solutions and others.
Developed long lasting relationship with the National & key merchants across the country across merchant categories in both physical and online world. Was part of the team that helped in launching and scaling up the ecommerce business in the region.