Mindgate’s SaaS Platform now supports Immediate Payment Service for J.P. Morgan Payments
Mindgate Solutions, a prominent provider of real-time payment technology, has announced the launch of the Immediate Payment Service (IMPS) on its SaaS platform in collaboration with J.P. Morgan Payments, marking a significant development in India’s payment ecosystem, reports 24brussels.
This integration is poised to enhance the efficiency of transactions for businesses and customers, facilitating faster and more seamless payment experiences. “Partnering with J.P. Morgan Payments marks a key milestone for Mindgate. Together, we are enabling faster, seamless, and innovative payment experiences that will transform how businesses and customers transact in India,” said George Sam, Co-founder & Business Head of Mindgate Solutions.
Guhan Muthuswamy, Co-founder & Software Architect at Mindgate Solutions, emphasized the robustness of this collaboration, stating, “By integrating Mindgate’s cutting-edge payment technology with the global expertise of J.P. Morgan Payments, we are building secure and resilient next-generation financial solutions that set new industry standards.”
J.P. Morgan Payments’ Managing Director and Head of India Payments, Guhaprasath Rajagopal, highlighted the strategic importance of this launch: “At J.P. Morgan Payments, supporting our clients’ digital journeys and delivering real-time treasury solutions are central to our strategy. This launch reinforces our broader strategy to deliver faster and seamless real-time payment experiences for our corporate clients in India.”
The announcement reflects J.P. Morgan’s commitment to enhancing India’s digital payments landscape, while further solidifying Mindgate’s status as a vital partner for leading global banks, corporates, and merchants. Mindgate Solutions has been a key player in digital payments since its inception in 2008, specializing in advanced payment solutions across various sectors while maintaining a workforce of over 1,600 professionals.
As a dominant force in UPI infrastructure, Mindgate processes more than 10 billion digital transactions monthly through its partner banks, successfully facilitating payments exceeding $1 trillion annually. The company is actively expanding its presence across regions such as the Middle East, Europe, ASEAN, and the US, supporting banks in modernizing their digital payment infrastructures.
Mindgate’s commitment to innovation has earned it numerous accolades on international stages, including the MEA Finance Awards and the Asian Banker Awards, underscoring its role in advancing digital transactions globally.
