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Product Head- UPI | Fast growing Fintech


Michael Page


Location

Delhi | India


Job description

Job Description

1.Collaborate with internal product, sales, and bank teams to ensure profitability and success of the QR business.

2. Analyze market trends, customer feedback, and merchant needs to identify opportunities for product improvements and enhancements.

3. Maintain a strong understanding of the QR/UPI product and monitor competitor activities related to product enhancements and transaction success rates.

4. Drive business growth and measure success based on increased P&L for the QR/UPI business, merchant satisfaction in terms of settlements and service, and the creation of new use cases and features on the merchant app.

5. Ensure compliance with regulatory requirements and industry standards, proactively addressing any issues or concerns that may arise.

6. As the QR/UPI Business Lead, you will play a pivotal role in driving the growth and success of our speaker business, which is integral to our merchant engagement strategy. The deployment of speakers at merchant outlets is a crucial aspect of ensuring transaction confirmation and enhancing merchant stickiness. In this role, you will be responsible for developing and executing strategies to outperform competitors, innovate in pricing and services, and expand our customer base, ultimately driving profitability.

7. Develop and implement a comprehensive speaker business strategy aligned with the company's overall goals and objectives.

8. Develop strategies to surpass competitors, considering pricing, service quality, and innovation.

9. Formulate pricing strategies that are competitive and sustainable, taking into account market dynamics and cost considerations.

10. Drive innovation in speaker technology and services to stay ahead of the competition and meet evolving customer demands by adding value plus services

11. Collaborate with sales teams to identify potential merchants, onboard them onto the QR/UPI platform, and drive merchant adoption and engagement.

12. Work closely with internal teams to develop and implement strategies that optimize the QR/UPI business, including pricing, merchant onboarding, and marketing initiatives.

13. Conduct market research to identify opportunities, threats, and industry trends related to speaker deployments.

14. Collaborate with cross-functional teams to address deployment challenges and streamline processes.

The Successful Applicant

Key Required skills:

-Relevant experience required between 10-15 years.

- Focus on generating new ideas and innovative product approaches.

- Understanding Payment Regulatory Norms.

- Deeper understanding of Payment flows of UPI, Cards, Wallets, Net Banking

- Understanding on KYC, Mandates, Tokenization, eCMS & so on would be an added benefit.

- Greater understanding on use cases like Utilities, Bill Payments, Small Merchant QR Payments, Education & Govt Entities will be an added advantage.

- Should be able to solve deep Reconciliation & Settlement / Payout problems.

- Strong analytical and quantitative abilities

- Excellent project management skills - ability to manage multiple projects at once

- Effective verbal and written communication skills, with ability to influence others

- Understanding of technology & Passion for digital payments.

- In - depth database, API level understanding.

What's on Offer

  1. Competitive compensation
  2. Working directly with leadership team


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