People on the Move: G. Padmanabhan, Qwikcilver
Indian gifting technology and prepaid provider Qwikcilver has appointed G. Padmanabhan as a strategic advisor. A former executive director of the Reserve Bank of India (RBI), India’s central bank, Padmanabhan has 36 years of experience in the banking and payments sector. During his tenure at RBI, he managed payment and settlement systems, foreign exchange and information and also served as a regional director of the RBI. While at the central bank, Padmanabhan helped enable innovations in the Indian payment system, including several transaction security measures.
Qwikcilver’s prepaid and gift card network boast nearly a 90 percent share of the customer engagements across 150-plus brands and retailers in 25 categories. Qwikcilver’s technology is deployed across more than 500 cities and towns in over 10,000 premium brand stores, e-commerce portals and mobile apps. The company processes more than 50 million transactions across physical cards, digital cards and mobile annually.
