PayG Appoints Harmeet Singh Sethi as MD & CEO to Drive Growth
PayG appoints Harmeet Singh Sethi as Managing Director & CEO to drive growth, product innovation, and the launch of its new consumer-focused application.
In a strategic move to bolster its leadership during a critical expansion phase, Indian payment technology firm PayG has announced that Harmeet Singh Sethi will take on the additional responsibility of Managing Director, alongside his current role as Chief Executive Officer (CEO).
This leadership expansion comes as PayG prepares to transition from a pure payment infrastructure provider to a comprehensive digital ecosystem. With a mandate to strengthen technology, product capabilities, and payment infrastructure, Sethi will oversee the company's strategic direction, focusing on innovation, regulatory compliance, and customer-centric solutions.
A Veteran Leader for the Fintech Era
Harmeet Singh Sethi brings over 25 years of extensive leadership experience to this dual role. His professional journey has spanned diverse global markets, including North America, the Middle East, Southeast Asia, and India. His expertise lies at the intersection of technology and financial services, specifically in areas such as:
- Digital transformation and fintech
- Financial infrastructure and enterprise technology
- Global payment systems
Upcoming Launch: A New Consumer-Focused Digital App
The leadership change coincides with one of PayG's most ambitious projects: the launch of its dedicated Customer Application. This platform is designed to unify payments and digital services into a single, seamless user experience.
Key features of the upcoming application include:
- Train Ticket Booking: A new service allowing users to search and book train tickets directly through the app.
- IRCTC Integration: PayG is preparing to go live with its IRCTC integration and enhanced payment gateway capabilities.
- Integrated Ecosystem: A vision to connect payments, commerce, and everyday consumer services in one place.
Driving Value Through Secure Technology
Speaking on his new role, Harmeet Singh Sethi expressed his enthusiasm for the company's trajectory. He noted that the upcoming launch of the Customer Application and the integration of essential services like train booking are pivotal steps in bringing convenient digital tools to the masses. He emphasized that PayG's core mission remains the creation of secure, scalable, and accessible technology that benefits both businesses and consumers.
PayG's regulatory standing has also seen significant strengthening recently. The company secured RBI Payment Aggregator authorisation in 2025, followed by a Principal Licence from the RBI in January 2026 for cross-border and offline payment aggregation. This regulatory foundation provides a robust platform for its expansion into web and mobile-based consumer services.
About PayG
PayG is an Indian payment technology company dedicated to providing advanced digital payment solutions. By supporting multiple payment modes and offering API and SDK-based integrations, the company empowers both merchants and consumers. PayG is currently scaling its ecosystem across payment infrastructure, merchant-specific solutions, and a growing suite of consumer-focused digital services.