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ACI Makes Strategic Investment in Mindgate Solutions

Alliance with India's leading digital payments solution provider to drive UPI transaction opportunity and global push to real-time, digital payments

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With its India headquarters in Mumbai and two centers of expertise in Pune and Bangalore, ACI has been deeply committed to the Indian market for three decades—and continues to expand its footprint of more than 800 employees.

ACI supports eight of the top 10 banks in India, processing nearly 60 percent of India's digital payments transactions. ACI software also protects more than 540 million debit cards from fraud and drives more than 650 million ATM transactions in India.

Through a strategic alliance with Mindgate Solutions, India’s leading digital payments solution provider, ACI is driving the Unified Payments Interface (UPI) transaction opportunity and the global push to real-time, digital payments. ACI and Mindgate's joint real-time payments solution combines ACI’s proven UP software with Mindgate’s digital overlay services for a future-proof, flexible and scalable solution that empowers banks, merchants and intermediaries to fully capitalize on UPI's growth.

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ACI Solutions in Action

  • State Bank India
  • Union Bank Logo

State Bank of India Manages Nation's Largest ATM Network with BASE24

The State Bank of India has over 75 million customers, 9,000 branches and 200,000 employees. When it was time to implement a state-of-the-art ATM system, it moved swiftly. ACI technology helped the State Bank of India reach its goals.

Read the full case study View all case studies

Union Bank of India Delivers Remittances at ATMs Using BASE24

Thanks to its huge population and rapidly growing economy, the value of India’s domestic remittances was US $13 billion in 2010 and has an expected growth rate of 15 percent year on year. Of these remittances, 90 percent are channeled through banks.

Read the full case study View all case studies

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