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ACI Worldwide invests in Indian digital payments company

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ACI Worldwide invests in Indian digital payments company

ACI Worldwide Inc., a provider of real-time electronic payment and banking solutions, announced a strategic investment in Mumbai, India-based digital payments company Mindgate Solutions Private Ltd.

Financial details of the investment were not disclosed.

As part of the investment, ACI and Mindgate will offer a joint real-time payments solution combining ACI's Universal Payments software solutions with Mindgate's digital overlay services. The solution will be offered to banks, financial intermediaries and merchants in India and other international markets.