Announcement

At the Global Fintech Fest 2026 in Mumbai, Mindgate Solutions and J.P. Morgan Payments announced the successful deployment of a next‑generation Unified Payments Interface (UPI) infrastructure that will power real‑time collections and payouts for J.P. Morgan Payments’ corporate and merchant clients in India. The new UPI capability builds on an existing Immediate Payment Service (IMPS) integration already live on Mindgate’s platform and extends it to the UPI rail, which is described as one of the world’s most dynamic digital payment markets.

Platform Details

The UPI infrastructure runs on Mindgate’s Unified Digital Payment Hub (UDPH), a cloud‑based payments platform engineered for high reliability, scalability, resilience and flexibility required to support the world’s largest real‑time payments networks. The architecture is designed to continuously adapt to market and client requirements, enabling rapid rollout of innovative capabilities while maintaining uninterrupted service availability. Specific design elements include real‑time regulatory checks, isolation mechanisms and automated recovery processes to ensure mission‑critical UPI volumes can be processed with full confidence.

Operational Capabilities

On this platform, J.P. Morgan Payments will enable seamless, high‑volume payment flows for its merchant and corporate clients, supporting instant collection use‑cases ranging from QR code scans to Intent‑based flows and UPI Autopay. The collaboration also integrates local Indian payment rails such as UPI and IMPS with J.P. Morgan’s global network, allowing clients to manage collections, disbursements and cash flows across borders, including inward remittances through Rupee Drawing Arrangement (RDA) corridors via globally consistent APIs.

Executive Remarks

“UPI is the backbone of how India transacts today. Our collaboration with J.P. Morgan Payments on a next‑generation UPI infrastructure reflects exactly that — helping one of the world’s leading payments businesses meet India’s real‑time payments ecosystem,” said George Sam, Co‑founder & Business Head, Mindgate Solutions.

“UPI operates at a volume and velocity that few payment rails in the world demand and building infrastructure for a business of J.P. Morgan Payments’ scale meant designing for that reality from day one. Every part of the architecture, from real‑time regulatory checks to how we isolate and recover from failure, is engineered so J.P. Morgan Payments can run mission‑critical UPI volumes with full confidence,” added Guhan Muthuswamy, Co‑founder & Software Architect, Mindgate Solutions.

“India continues to lead the world in real‑time payments innovation. Deploying our UPI infrastructure is a major milestone in our India payments strategy. By combining local payment rails like UPI and IMPS with J.P. Morgan Payments’ global network, we enable clients to seamlessly manage collections, disbursements, and cash flows,” said Guhaprasath Rajagopal, Head of India Payments, J.P. Morgan Payments.

Attendees

The launch was attended by senior J.P. Morgan executives: Pranav Chawda, CEO and Head of Corporate Banking, JPMorgan Chase India; Guha Rajagopal, Head of Payments, JPMorgan Chase India; Rajiv Warrier, Head of Payment Sales, JPMorgan Chase India; Nikita Tambday, Head of Payments Product, JPMorgan Chase India; Sandy Miranda, Domestic Payments Product Lead, JPMorgan Chase India; and Harman Singh, Payments Product Manager, JPMorgan Chase India.

Scale and Reach of Partners

J.P. Morgan Payments processes nearly $12 trillion in payments daily, operating in over 160 countries and supporting more than 120 currencies. Mindgate Solutions, founded in 2008 and headquartered in Mumbai with regional hubs in the Middle East, Southeast Asia and the UK, employs a dedicated team of over 1,500 payment professionals and serves a portfolio of 60+ global marquee clients. The firm processes more than 12 billion digital transactions each month through its partner banks, facilitating payments worth $1.7 trillion annually, and accounts for roughly one‑quarter of all real‑time payments worldwide.

Recognitions

Mindgate’s contributions to digital payments have been recognised with several prestigious awards, including the MEA Finance Awards, IBS Intelligence Awards, The Asian Banker Awards and the first‑place Digital Payments Award 2024‑2025 (TSP Category) conferred by the Ministry of Finance and Department of Financial Services, Government of India.

About J.P. Morgan Payments

J.P. Morgan Payments combines treasury services, trade and working capital, blockchain and tokenisation, and card and merchant services to enable clients to pay customers or employees in different currencies around the world.

About Mindgate Solutions

Mindgate Solutions is a trusted partner in digital payments since 2008, specialising in advanced payment solutions for banks, government institutions, merchants and corporates, leveraging micro‑services architecture and real‑time streaming to ensure scalability, security and reliability.