TimePayment, a fintech company specializing in commercial equipment financing, announced the appointment of Deepika Shahani as Vice President and leader of the firm’s Point of Sale & Terminal Leasing efforts. The new business unit will enhance the firm’s long-time commitment to funding in the bankcard industry.

Shahani brings over 15 years of strategic operations and business development experience in Point of Sale and Terminal Leasing. The experience gained while successfully leading the underwriting and operations functions of a national finance provider to the bankcard market was powerfully leveraged to eventually head business development efforts and assemble a $25 million leasing portfolio of over 200 Bankcard industry clients.

Jay Haverty, President and CEO of TimePayment said, “POS technology has undergone a radical transformation as businesses have reinvested in new platforms and capabilities both during and post-COVID. Improved customer and employee experiences with innovative new hardware and software opens new opportunities for businesses to transact in a more powerful way. Helping companies stay on the cutting edge of these technologies with an affordable, flexible financing solution is a terrific opportunity. Adding a business development leader like Deepika is a critical step to effectively meeting the rising market demand.”