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Hitachi Payments Partners With Plug and Play, Launches Digital Payments Innovation Hub

The partnership intends to provide startups the capital, integration with the Hitachi Payments’ stack, access to extensive customer network and platform to launch and scale up

Hitachi Payment Services, a integrated payment solutions provider in India, today launched its Digital Payments Innovation Hub to collaborate with fintech startups 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.

According to a statement, the company intends to provide startups 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.

Anuj Khosla, Chief Executive Officer - Digital Business, Hitachi Payment Services, said, “The Digital Payments Innovation Hub will help in building future-ready offerings in the digital payments arena. The collaboration aims at investing in, co-creating, and deploying cutting-edge digital payment and fintech solutions that cater to the evolving needs of businesses and consumers.  It is an exciting time for the Indian fintech ecosystem, and we look forward to working closely with Plug and Play and start-ups to drive growth and innovation in the payments industry.”

Jupe Tan, Managing Partner of Plug and Play APAC, said, "We are delighted to be working with Hitachi Payments and to be able to deepen our relationship with the overall Hitachi group. Our goal is to provide Hitachi Payments with a line-of-sight into the most innovative start-ups that are shaping the financial services industry across India and Asia Pacific.”

Hitachi Payments offering a comprehensive range of end-to-end payment solutions including ATM Services, Cash Recycling Machines, White Label ATMs, POS Solutions, Toll and Transit Solutions, Payment Gateway Solutions and innovative offerings such as SoftPOS, POS Value Added Services and Digital Merchant Onboarding. 


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