VISION: To be the leader in global retail payment business, providing a one-stop-solution to all merchants and business owners while we enable them to accept any kind of payments from across the globe.

MISSION: To provide the best platform and implement solutions to empower the stability of Billing, Aggregation, Acquiring and Reconciliations in payments ecosystem with innovative, secure and reliable products.


Payaid Payments Pvt Ltd is lead by two experienced Directors, Alka Mehta and Phani Teja.


Alka Mehta our Founder and CEO is a Graduate with over 30 years of experience in sales and customer service. Alka has worked in the banking industry with the largest Private Sector bank in India, having handled multiple roles in the Payment Business. Her expertise lies in Merchant Acquiring, Payment Solutions, relationship handling, strategic sales planning, driving sales teams and servicing client’s requirements to ensure client satisfaction.

Alka is known in the Merchant Acquiring industry as a person with excellent relationship skills and the onus to customize and deliver products to suit Customers’ requirements, while prioritizing and ensuring the long-term sustainability and profitability of the business over short-term “quick fixes”, much as any business owner-manager would.

Alka brings to the table, her expertise on Payment Solutions in B2B and B2C segments on both issuance and acquiring.


Phani Teja our Co-founder and Managing Director holds a Masters degree in Business Administration and a sales and marketing professional with around 12 years of progressive experience, encompassing various facets of Financial Services i.e., Business Development, Operations of Businesses in large corporates, Key Account management, and customer acquisition. He has a profound working knowledge in designing and deploying sales and marketing strategies, programs and contents to improve sales opportunities. His last assignment was with HDFC Bank as a Strategic National Accounts Manager, handling large accounts and maintaining profitability of the merchants and the bank. With his exceptional relationship skills, he has developed an extensive amount of network contacts in the Merchant Industry.


PayAid Payments – The Best Payments Startup Of the Year 2021

It gives us immense pleasure to share that PayAid Payments has won the award for the Best Payments Startup of the year 2021 at the 9th Payments Industry Awards.

For us at PayAid Payments to have received such a prestigious award in our short journey of 8 months is both exciting and humbling.