Mumbai: Aerospike, a provider of database solutions, has partnered with Mindgate Solutions to enhance real-time payment (RTP) systems for India’s financial services sector. Through this partnership, Aerospike’s category leadership in the payments market is expanded, offering customers worldwide quick and seamless transaction capabilities. Instantaneous, secure, and seamless transactions are becoming more important to businesses and consumers as the digital payment landscape develops.
Principal advantages of the collaboration include:
- Provides continuous service even in the face of high transaction volumes by reducing reliance on Relational Database Management Systems (RDBMS).
- Provides on-premises and multi-cloud deployment choices for adaptable and scalable systems.
- To meet the expanding demand for digital payments, it permits higher transactions per second (TPS).
- Improves user experience by offering faster transaction response times
With over 7 billion digital payments processed each month and about 50% of UPI transactions going through some of its top partner banks, Mindgate Solutions is at the forefront of this revolution. The payments industry will benefit from the unmatched efficiency and dependability of Aerospike’s integration with Mindgate’s extensive real-time payment solutions.
