Prizm Payments Services Pvt. Ltd. Ranked Third Fastest Growing Technology Company on the Deloitte Te

Mumbai, India, December 14, 2011 – Prizm Payments Services Pvt. Ltd. today announced that it ranked 3rd on the Deloitte Technology Fast 50 India 2011, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. Prizm Payments grew 792% during this period.

Prizm Payment’s Managing Director, Loney Antony credits this to the company’s focus in the payment space, excellent management team, in-depth data analytics team, rapid deployment of ATM and POS and state-of-the-art technology platform and a unique in-house maintenance team with the company’s 792 % revenue growth over the past three years. He said, “We are honored, to be in the league of the exceptional companies, chosen as the fastest growing technology companies in India. We are already witnessing a wave of technology innovation in services that are responding to one of the fastest growing consumer and financial services markets in the world and are thrilled to be recognized for our role as a growth catalyst,” said Loney Antony, Managing Director, Prizm Payments.

"Making the Deloitte Technology Fast 50 is commendable in today’s highly competitive technology industry," said P N Sudarshan, Senior Director, Deloitte Touche Tohmatsu India Private Limited ( partner in charge of Deloitte’s Technology Fast 50 India program). "We congratulate Prizm Payments on being one of the 50 fastest growing technology companies in India."

About PRIZM Payments
Prizm Payments is a leading financial services provider with a vision to be "a leader in enabling secure‚ innovative payment services across electronic channels". Prizm Payments was formed in 2008 by the coming together of a very capable management team with collective experience of 150+ years in EFT Services‚ an investment from one of the world’s leading Private Equity companies - Sequoia Capital and the acquisition/ integration of Integrated Maintenance and Services Pvt Ltd (IMAS) – a leader in 3rd party ATM maintenance services. Since then Prizm Payments has grown to becoming a leader in the providing innovative financial services with over 9,200 ATMs deployed and under management and maintenance, 24,000+ POS devices under management. The network is managed by 600+employees in 8 offices and 120 service locations supporting 540 cities across the country.

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