Treasury Management Internation Logo

J.P. Morgan Appoints New Head of Merchant Services for Asia Pacific


J.P. Morgan has appointed Philip Glickman as the head of Merchant Services for Asia Pacific, leading the regional expansion of the business that supports clients transacting in the e-commerce space.

Glickman will oversee the Merchant Services strategy, product development and delivery, and report to Sridhar Kanthadai, head of Wholesale Payments for Asia Pacific, and Molly Walsh, head of global product for Merchant Services.

With more than 20 years of experience in global payments and acquiring, Glickman was previously with Mastercard, where he was the head of Commercial and Digital Payments for Asia Pacific. Prior to that, he was with Citibank in Hong Kong as the head of Wholesale Cards and Payments for the region and also spent time in New York with the bank.

“We have seen a rapid acceleration towards digitalisation in the payments space and we are focused on providing a full suite of solutions for our clients whether they are e-commerce companies or traditional firms moving their businesses online. Philip has extensive experience in the payments and acquiring space along with deep experience in the region with clients and industry partners. We look forward to his leadership in delivering greater value to our clients,” said Kanthadai.

J.P. Morgan’s Merchant Services is part of the global bank’s Wholesale Payments business that moves an average $6 trillion around the world a day for its corporate clients. The bank processed $1.5 trillion in merchant payments in 2019 and is the number one U.S. merchant acquirer by volume of transactions and the number one merchant acquirer in Europe by volume of web transactions.

“Asia Pacific remains a region with huge growth opportunities for our clients and we are seeing a rising number of e-commerce market places and B2B2C businesses being established. As we continue to invest in our capabilities, we are excited to have Philip on board to drive innovative solutions in the region to meet the needs of our clients, who are both the merchants and the many sub-merchants operating in these market places,” said Walsh.

J.P. Morgan’s Wholesale Payments combines treasury services, trade, commercial card, and merchant services capabilities to help clients pay anyone, in any currency, anywhere in the world. The number one clearer of U.S. dollars by volume, it has capabilities in 160+ countries, with ability to receive in 40+ and pay out in 120+ currencies. In Asia Pacific, the bank has direct membership with over 50 clearing systems and serves nearly 1,000 regionally headquartered clients across 14 markets.

Philip Glickman, Head of Merchant Services, Asia Pacific, J.P. Morgan

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...


HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...


The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...


HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....


Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...


HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...


Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...


Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...


Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...


Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...