Real-Time Payments Industry To Witness Double Digits Growth In The Next Five Years – Mindgate Solutions

Real-time payments is the new global buzzword for the end customers today. RTP is gaining ground, driven by consumer demand for speed and convenience. With a global footprint, Mindgate Solutions has been at the helm of these exciting developments & currently processes over one billion RTP transactions per month. With the objective of sharing this domain expertise – Mindgate Solutions recently organized a roundtable session at SIBOS 2020. The round table session witnessed over 200 participants from Banks, Asset Management Companies, Non- Banking Finance Companies, Insurance Companies, Risk professionals, Consultants, Audit firms, Business Media, Analysts and Technology solution providers also joined industry experts in the event.

ACI Worldwide invests in digital payments solutions provider Mindgate Solutions

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.

ACI Worldwide invests in Mumbai based Mindgate to bulk up electronic payments

Electronic payments and banking solutions provider ACI Worldwide Inc. has invested an undisclosed sum in Mumbai-based Mindgate Solutions Pvt. Ltd to deliver an end-to-end payments solution for various businesses, the US-headquartered company said in a statement on Monday.