Hitachi Payments launches its Digital Payments Innovation Hub

A 100% subsidiary of Hitachi, Hitachi Payment Services is an integrated payment solutions provider empowering financial institutions, payment aggregators and FinTechs with a comprehensive array of end-to-end payment solutions focused on security, reliability and innovation. A pioneer in the Indian payments space, Hitachi Payments caters to over three milliion merchant touchpoints and processes over seven million Point-of-Sale and Payment Gateway transactions daily. In addition to this Hitachi Payments manages over 66,500 ATMs (including 27,500 Cash Recycling Machines) and 9,000 White Label ATMs.

Hitachi Payment Services has announced the launch of its Digital Payments Innovation Hub to collaborate with FinTech start-ups across India and extended Asia Pacific region to propel digital payment innovation.

With this launch, the Hitachi Group has extended its association with Plug and Play in Asia Pacific. Plug and Play already has an existing association with Hitachi group in Japan and the United States.

This partnership’s primary objective is to bring innovative products and platforms into the Hitachi Payments ecosystem. It seeks to provide start-ups the capital, integration with the Hitachi Payments’ stack, access to extensive customer network and platform to launch and scale up. Additionally, it will endeavour to expand the impact of these solutions beyond India, accelerating the growth and innovation of the global fintech industry.

Hitachi Payments has been at the forefront of the digital payment revolution in India, bringing innovative solutions that have furthered merchant acceptance, as well as enabled accessibility of digital payments for the masses.

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