Payza has promoted Mohammad Hashemi to be its vice president of strategy, a newly created position.

Hashemi was previously director of product strategy at the online payment technology company. In his new role, Hashemi will handle the implementation of the company's overall business strategy. He will also handle its global expansion through partner acquisition.

In his previous role, Hashemi was involved in the development of products from their inception to deployment.

"Mohammad's innovation and insight will enable Payza to expand its global reach as we solidify the right partnerships at local levels," said Firoz Patel, Payza's executive vice president of strategic partnerships and corporate affairs, in a press release. "His success in driving the company's product development strategy provides him with the appropriate combination of experience and expertise.

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