New Delhi: Fareed Jawad has been appointed the principal product architect and vice president (VP) payments at digital payments platform Freecharge. In his new role, Fareed’s mandate will be to build payments technologies at Freecharge. Additionally, he will lead the efforts on building technologies for solving the unique payments problems in India.
Freecharge is on a mission to build the world-class payments ecosystem for merchants and customers. The company seeks to work collaboratively with various innovators and emerging FinTech players to implement the most reliable and frictionless payment method and Fareed will be instrumental in driving this with the senior leadership team at Freecharge.
Prior to his appointment at Freecharge, Fareed most recently served as principal product architect at Amazon India, where he was responsible for building the core payment processing infrastructure for the organization. Before joining Amazon, Fareed was with Flipkart as director for Product Management and was part of the core team that launched PayZippy.
“Fareed’s appointment reaffirms Freecharge’s commitment to hiring the industry’s best talent. We are on a cusp of a revolution to accelerate the FinTech capabilities in India. We look forward to Fareed’s contribution in strengthening our technical expertise and payments capabilities with his in-depth understanding of payments sector. Fareed will be responsible for developing products for customers and merchants both online and offline, in line with our vision to be the digital OS for the payments business in India.” said Freecharge COO Govind Rajan.
Fareed has been in the payments industry right from the earliest payment gateways with VeriFone in the US. He has also been part of large payment processors like Moneris Solutions in Canada and eFunds/FIS where he helped enhance the acceptance and issuance platforms for Chip Card processing.
Jawad said “Freecharge is one of the most exciting brands in the digital payments sector today and I am happy to be part of this growth journey. I look forward to creating core payment assets that will help our customers experience a frictionless payments ecosystem in the country and establish FreeCharge as the leader in the Payments space.”
Fareed has a bachelors degree in Computer Science Engineering from Dayananda Sagar College of Engineering, Bengaluru.
