Amrit Kar
About Amrit Kar
Amrit Kar is a professional specializing in merchant onboarding, focusing on compliance and KYC clearance. With extensive experience in risk management and a background in finance, he currently works at Cashfree in Bengaluru, India.
Work at Cashfree Payments
Currently, Amrit Kar holds the position of Merchant Onboarding at Cashfree Payments, a role he has occupied since 2019. Based in Bengaluru, Karnataka, he specializes in managing the complete lifecycle of merchant onboarding. His responsibilities include ensuring compliance with banking and legal norms across India. He plays a crucial role in maintaining quality control within the Compliance Operations department, specifically focusing on merchant onboarding processes.
Previous Experience at PayU
Amrit Kar has extensive experience in merchant onboarding and risk management, having worked at PayU for three years. He began as an Executive in Merchant Onboarding and Risk from 2015 to 2016, then advanced to Associate Manager from 2018 to 2019. In this role, he was responsible for pre-onboarding risk analysis and mitigation, handling queries and escalations related to risk, and managing the activation of payment options. His tenure at PayU provided him with a solid foundation in compliance and risk management.
Education and Expertise
Amrit Kar earned a Master of Business Administration (MBA) in Finance and Financial Management Services from the New Delhi Institute of Management, completing his studies from 2013 to 2015. His educational background supports his expertise in managing compliance and KYC clearance for merchants. This academic foundation is complemented by his practical experience in the financial technology sector, particularly in merchant onboarding.
Compliance and KYC Management
In his current role at Cashfree Payments, Amrit Kar specializes in managing compliance and KYC clearance for merchants. He ensures adherence to compliance parameters during the onboarding process, which is critical for maintaining the integrity of financial transactions. His focus on compliance helps mitigate risks associated with merchant onboarding, thereby contributing to the overall security and reliability of the payment processing system.