Driving Innovation in the ATM & Payments Industry: EPS

A Payment System Company

There weren’t many companies to address the demand for efficient, secure and technology-driven products and services for the banking industry, to primarily address end-to-end Automated Teller Machine (ATM) Operations & Outsourcing Services, as well as provide a holistic range of ATM Managed Services and Digital Payment Solutions thus enabling banks to concentrate on core banking functions. In addition to ATM services, EPS also provides a best-in-class PCI-DSS certified Transaction Switching Solution, which can drive all industry standard front-end payment devices. This is why Electronic Payment and Services (P) Ltd. is a leading Retail Banking Technology Service Provider founded in 2011, by veterans with over 150 years of combined experience in the banking, technology and retail payments industry in India. In the fast-moving digital payment domain, EPS intends to be an end-to-end Technology Solutions Provider for banks.

EPS built a firm reputation on delivering results, reliability and dependability, having successfully deployed over 6000 ATMs for 26 banks in urban and rural locations across India, in support of the Ministry of Finance (Govt. of India) led mission to drive 'Financial Inclusion'.

With added numbers in the portfolio, EPS will now be handling more than 10000 ATMs in India and continue to deliver trust, reliability and relentless service to its eco-system.

Along with a wide array of footprints in India, EPS has expanded to the APAC region in 2017 forming a wholly owned subsidiary of Electronic Payments and Services (India) known as Electronic Payment Australia PTY Ltd. EPAPL provides a comprehensive suite of payment solutions and services that cater to ATM, PoS, E-commerce, payment cards and all other digital mediums of transactions.

The Company’s Core Values

STRIVE aka Service Trust Relationship Integrity Value People Excellence

• Service: The company understands and is determined to deliver what its clients need with a high standard of customer service and professionalism.
• Trust: It believes that Trust and Respect is essential for teamwork.
• Relationship: The Company believes in building relationships through transparency and fairness in all its dealings.
• Integrity: The firm is committed to a high standard of integrity.
• Value People: It Values every member who is part of the company and encourages their development.
• Excellence: Always striving to excel.

EPS Always Gives Back- Corporate Social Responsibility

EPS is determined to contribute towards the society, aiming the development and wellbeing of the needy. It also focuses on creating value for society & the environment. Along with delivering value to its clients, it makes sure that it never loses focus of the need to give back to society. The company continues to expand its reach and make a difference to society by empowering people and communities at the bottom of the pyramid and providing opportunities to improve standards of living, through reputable NGOs across India. EPS tied up with the NGO, GOONJ to contribute to the rescue operation in Odisha which was devastated due to cyclone Phailin. The firm even distributed blankets and towels to the leprosy patients who are looked after by Jeevan Mukta Ashram at Asangoan.

The Man Leading Upfront

Mani Mamallan

Founder, Chairman & Managing Director

Mani iswell-known for his in-depth knowledge, innovation and ingenuity in the retail technology banking space, including the microfinance domain. Mani is the first Indian to be nominated as an International ATM Industry Champion in April 2016 by the global ATM Industry Association (ATMIA) with over 3600 members in 60 countries.

With Mani spearheading the organization, EPS is on the Regional Board (India chapter) of the global ATM Industry Association (ATMIA) and an active member of Confederation of Indian Industry (CII), Payments Council of India (PCI), Internet and Mobile Association of India (IAMAI), as well as an advisor on the National Advisory Committee (NAC) of IBEX INDIA.

With over three decades of experience in Banking, Organization Development, Payment Systems and ATM Outsourcing & Shared Networks, Mani is known as The Architect behind Indian ATM Systems and was honoured with the Entrepreneur of the Year 2015 award by Silicon India in December 2015. He is a regular contributor to the media and has been part of numerous forums, seminars and conferences on the ATM & Payment Systems industry in India. Mani is highly renowned for his business acumen, strategy and vision among peers and professionals in the banking community across India.

Erstwhile, as the Chief Marketing Officer (CMO) at C-Edge Technologies Limited, a joint venture between Tata Consultancy Services Ltd. (TCS) and State Bank of India (SBI), he was responsible for conceptualizing the implementation of a revolutionary transaction-based ‘ATM Outsourcing Model’ which led to the Ministry of Finance initiated Brown Label ATMs in India.

As the former Chief Operating Officer (COO) of India Switch Company (ISC), Mani was highly instrumental in initiating Swadhan in 1997, the first shared payment network in India promoted by Indian Banks’ Association (IBA) for their member banks.

“We aim to be a leading provider of banking and retail terminals (ATM/PoS) by providing cost-effective banking and transaction-related services and solutions. We also want to establish a dependable electronic payment network and be a differentiator in providing electronic payment services.”