ACI Worldwide, a global provider of real-time electronic payment and banking solutions has made an undisclosed investment in Mumbai based Mindgate Solutions. The digital payments firm is a market leader in processing Unified Payment Interface (UPI) transactions, with almost 70% of all UPI transactions being processed on its platform. Craig Ramsey, Head of Real Time payments, ACI Worldwide, declined to disclose any financial details of the investment, but said that it was a significant stake.
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