Electronic Payment and Services (EPS) - ATM Industry Association Showroom

Electronic Payment and Services (EPS)

EPS is a leading force in India's payment technology and services landscape.  We offer a comprehensive suite of solutions, including ATM outsourcing, cutting-edge digital payments, and a dedicated MSME platform that unlocks access to essential digital finance and value-added services.

Founded in 2011, EPS quickly established itself as a leader in ATM outsourcing. Our unwavering commitment to innovation led us to expand our offerings, providing best-in-class digital payment solutions to banks and non-banking institutions.

We uphold the highest international standards, including PCI DSS 3.2.1, ISO 9001:2015, and ISO 27001:2013. This rigorous approach ensures the resilience of our solutions against evolving threats in the ever-changing digital landscape.

Our Impact:

  • Trusted partner for 7 of the top 10 Banks in India
  • Processed over 5 billion digital transactions last year
  • Manage a robust network of 13,000+ self-service terminal
Electronic Payment and Services (EPS)

Registered Office: 702, A-Wing, Supreme Business IT Park, Hiranandani Gardens, Powai, Mumbai-400076

P: +91 22 4022 2900
F: +91 22 4022 2910

[email protected]


EPS milestones in the ATM & Payments industry

The team of specialists and professionals leading EPS have pioneered various initiatives in the ATM & Payments industry in India, over the last few decades.

  • Prakash Joshi, Chief Operating Officer at EPS installed the 1st ATM in India in 1987 for HSBC Bank with a team of service engineers from Philips India Ltd.
  • Mani Mamallan, Founder of EPS launched India’s 1st shared ATM network ‘Swadhan’ as the Chief Operating Officer of India Switch Company in 1997.
  • Mani Mamallan revolutionized the Indian ATM industry by introducing transaction based ATM outsourcing business model for Brown Label ATMs, as the Chief Marketing Officer at C-Edge Technologies Limited, a joint venture between Tata Consultancy Services Ltd. (TCS) and State Bank of India from 2008 - 2011.
  • EPS has deployed over 5000 ATMs and serves 26 public sector banks in India since 2011.
  • EPS installed the 1st live ATM in Mumbai under India’s Ministry of Finance Financial Inclusion Project (2012 – 2014).
  • EPS holds the record of deploying 1000 ATM machines in 60 days in India in 2013.
  • EPS launched a state-of-the art ATM Managed Services Center for 24x7 ATM monitoring and value added services for banks in 2014.
  • EPS featured in the cover story ‘Enterprise Startups to Watch in 2015’ of leading B2B magazine CIO Review, for stellar working methodologies and unique innovative practices that can stand the test of time.
  • EPS was the 1st Board Member (India Chapter) of the global ATM Industry Association (ATMIA) in 2015.
  • EPS received the ‘ATM Consultant of the Year 2015’ award by Consultants Review, India.
  • EPS received the ‘India’s Most Trusted Brand Awards 2015’ in the category of ‘India’s Best Electronic Payment Services’ by IBC InfoMedia Pvt. Ltd., (a division of USA TV News Corporation).
  • EPS received the ‘Best ATM Services Provider 2015’ award at Financial Inclusion & Payment Systems (FIPS) Conference & Awards, India.
  • Mani Mamallan, Founder of EPS was acknowledged as ‘The Architect behind Indian ATM Systems’ and honoured with the ‘Entrepreneur of the Year 2015’ award by Silicon India.
  • EPS received the ‘Best ATM Managed Services Provider’ award at Payment & Cards Awards 2016, India.
  • EPS acquired 100% stake in CISB ATM Services Pvt. Ltd. in January 2016, India.
  • EPS received an ‘Award of Excellence’ by HUGHES Communications for deploying 5000 ATMs in the fastest time since company inception in March 2016, India.
  • EPS featured in the cover story ‘25 Fastest Growing Startup Companies in India’ of The CEO Magazine in April 2016, India.
  • Mani Mamallan, Founder of EPS was elected as the international ‘ATM Industry Champion’ from India, by the global ATM Industry Association (ATMIA) in April 2016.


EPStar Products - the Versatile, Exciting " On Mobile" Dashboard Solutions from EPS

"On Mobile EPStar Dashboard" Offering Controls, Data and Ready Information at your fingertips; Consisting of the following:

  1. ATM Incident Management System for real time updates and live monitoring of ATMs - EPSolve
  2. ATM Cash Management tool for Revisions - EPSupply
  3. ATM Asset, Cash and Site Audits - EPSurvey

The product is suitable and can be customised to Banks, FI, IADs, ATM OEM Manufacturers and interface to ERP system shortly.

Resource Centre:

EPS Corporate Brochure
Multifunctional Kiosks
Reconciliation Solution & Services
TSP For Account Aggregator
MSME Digital Platform


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