BOSTON, July 20, 2021 / PRNewswire-PRWeb / – Leader in business development to bring fintech payment solutions to a rapidly growing industry.

TimePayment, an award-winning FinTech company specializing in commercial equipment financing, has announced the appointment of Deepika shahani as vice president and head of the company’s point-of-sale and terminal leasing efforts. The new Business Unit will strengthen the company’s long-standing commitment to financing the bank card industry.

Deepika brings over 15 years of strategic operations and business development experience in point of sale and terminal leasing. The experience gained while successfully leading the underwriting and operating functions of a national finance provider in the bank card market was powerfully harnessed to ultimately lead business development efforts and build a leasing portfolio. $ 25 million from more than 200 customers in the bank card industry.

Jay haverty, President and CEO of TimePayment said, “Point-of-sale technology has undergone a radical transformation as companies have reinvested in new platforms and capabilities both during and after COVID. in a more powerful way. Helping companies stay at the forefront of these technologies with an affordable and flexible financing solution is a tremendous opportunity. The addition of a business development leader like Deepika is a critical step in effectively meeting growing market demand.

Deepika and TimePayment’s Point of Sale and Terminal Rental Business Unit will exhibit at the Midwest Acquirers Association in Chicago this week and will be active in a variety of industry associations and events over the coming months. You can read more about TimePayment’s point-of-sale and terminal rental capabilities here.

About TimePayment â„¢

TimePayment is a BostonFinTech based and owned by affiliates of Fortress Investment Group, a leading, highly diversified global investment manager. TimePayment is the industry leader with technology and capital tools that enable equipment vendors and financial intermediaries to offer their customers fast, paperless equipment rental finance. The Company’s proprietary risk-based transaction and credit rating model offers competitive lease finance solutions across the entire credit spectrum; from Fortune 500 companies to small start-ups. TimePayment is proud to serve over 100,000 active accounts with transaction sizes ranging from $ 500 to finish $ 500,000.

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Media contact

Zebulon Wright, TimePayment, +1 6036174063, [email protected]


SOURCE Time Payment

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