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Mindgate, J.P. Morgan Expand Next-Generation UPI Infrastructure Collaboration
Mindgate Solutions and J.P. Morgan Payments are working together on a new UPI system in India.
UPI is a way to send and receive money instantly.
The new system is designed to handle many payments for businesses and merchants.
It can support QR-code payments, payment requests and automatic recurring payments.
The system runs on Mindgate’s cloud platform.
The platform is designed to keep working reliably and recover from problems.
J.P. Morgan will connect India’s payment systems to its international banking network.
This may help businesses manage collections, payouts and some cross-border payments more efficiently.
Mindgate Solutions and J.P. Morgan Payments deployed next-generation UPI infrastructure in India.
The announcement was made at Global Fintech Fest 2026 on September 11.
The infrastructure runs on Mindgate’s cloud-based Unified Digital Payment Hub.
It supports high-volume collections and payouts, including QR, intent and UPI Autopay flows.
The collaboration combines UPI and IMPS with J.P. Morgan’s global network and cross-border payment capabilities.
- Who
- Mindgate Solutions and J.P. Morgan Payments.
- What
- They expanded their collaboration through the deployment of next-generation UPI infrastructure for corporate and merchant payment collections and payouts.
- Where
- Mumbai, India, with the infrastructure supporting payments in India.
- When
- The announcement was made on September 11, 2026, at Global Fintech Fest 2026.
- Why
- To support high-volume real-time payments and connect Indian payment rails with J.P. Morgan Payments’ global network and cross-border capabilities.
Key facts
- Platform
- Mindgate’s Unified Digital Payment Hub, a cloud-based payments platform.
- Payment rails
- Unified Payments Interface and Immediate Payment Service.
- Supported flows
- QR payments, intent-based payment flows and UPI Autopay.
- Mindgate transaction volume
- More than 12 billion digital transactions monthly through partner banks.
- Mindgate annual payment value
- About $1.7 trillion annually, according to the reports.
- J.P. Morgan Payments reach
- Nearly $12 trillion in payments daily across more than 160 countries and 120 currencies.
- Cross-border capability
- The collaboration includes inward remittances through Rupee Drawing Arrangement corridors.
Quotes
Guhaprasath Rajagopal
Head of India Payments at J.P. Morgan Payments
“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.”
theprint.in
“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”
theprint.in
Sources
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