Mindgate Solutions Powers India’s UPI Revolution with YugabyteDB
Company Overview
Mindgate Solutions has a strong presence in India, Middle East, and ASEAN providing a digital payments/collections platform to over 65 banks and payment providers. As a leading fintech company, Mindgate has been at the forefront of India’s digital payments revolution, processing one out of every five real-time payment transactions done globally in 2023.
Mindgate Solutions specializes in developing next-generation payment platforms for India’s Unified Payment Interface (UPI) and other real-time payment schemes. UPI has significantly reduced reliance on hard cash and improved liquidity, boosting financial inclusion. Mindgate Solutions has been instrumental in enabling this transformation.
The UPI Success Story
India’s UPI system has experienced explosive growth since launch in 2016. What started as a small payment system intended as a subset for IMPS has evolved into one of the world’s largest retail payment systems, processing over 18 billion transactions monthly.
Mindgate Solutions processes approximately 50% of these transactions – roughly 9 billion transactions per month with a combined value exceeding $1 trillion.
The company’s vision is to enable processing of 1 billion transactions per day within the next 18-24 months. This will require systems capable of handling 20,000+ transactions per second (TPS).
Business Challenges
- Complex cross-site replication processes
- Extended RTO/RPO during disaster recovery
- Manual intervention required for backups, archival, and data retrieval
- Long recovery times during system failures
- Heavy I/O requirements as UPI transaction volumes expanded
- Inability to scale out effectively with growing demand
- Throughput constraints limiting transaction processing capacity
- Legacy databases couldn’t handle UPI transaction surges
- Peak hours during sales events caused system strain
- Unable to efficiently manage cyclical payment traffic
- Mindgate Solutions’ rapid growth in the UPI ecosystem exposed critical limitations in their legacy database infrastructure
Database Requirements
To support their vision of processing 1 billion daily transactions, Mindgate Solutions needed a database solution that could deliver:
Key Achievements with YugabyteDB
The YugabyteDB Solution
- Designed for maximum resilience
- Clusters spread across two regions for disaster recovery
- Bidirectional replication ensuring continuous availability
- PostgreSQL API for RDBMS needs and Cassandra API for analytics workloads
- PostgreSQL-compatible interface for transactional workloads
- Automatic sharding and load balancing
- ACID compliance for financial transaction integrity
- Cassandra API implementation for real-time analytics
- Elimination of complex ETL processes
- Direct merchant and client reporting capabilities
- Cross-site replication without manual intervention
- Automated failover with minimal service disruption
- Continuous data synchronization across regions
Mindgate Solutions Migration Journey
A significant challenge for Mindgate Solutions was migrating large datasets from legacy systems while maintaining operational continuity. YugabyteDB’s migration tools proved instrumental, providing:
- Automated data extraction and transformation tools that reduced migration complexity
- Runtime schema modifications supported during the migration process
- Migration time reduction – 40-50% faster than traditional approaches
- Seamless platform upgrades: Successfully migrated from legacy 5.0 to 6.0 applications
Despite extensive application change concerns, Mindgate Solutions found that YugabyteDB required only 10-15% code refactoring, which was crucial for maximizing performance gains.
Business Results
30-35% improvement in query response times
Consistent sub-10 millisecond performance for critical transactions
Better handling of peak traffic during high-volume periods
30% increase in transaction processing capacity
Ability to handle surge traffic during sales events
Improved system responsiveness during peak UPI usage hours
Reduced RTO from 30-60 minutes to under 10 minutes
Near-zero database downtime with active-active setup
Eliminated manual session management requirements
Seamless handling of transaction surges
Faster recovery from upstream/downstream system issues
Improved system stability during high-traffic events
Enabled vision of 1 billion daily transactions
Supported Mindgate Solutions’ position as a leading PSP provider
Powered 50% of India’s UPI transaction volume
Real-time reporting capabilities for merchants
Eliminated traditional ETL processes
Immediate insights for business decision-making
Successful implementation of Central Bank Digital Currency (CBDC)
Rapid deployment for new financial services
Foundation for future payment innovations
Key Benefits
Mindgate Solutions Path to Success
Mindgate Solutions’ success with YugabyteDB has broader implications for India’s fintech ecosystem:
- Proof of scale: Demonstrated that cloud-native databases can handle national-scale payment systems
- Migration feasibility: Showed that large-scale legacy system migrations are achievable with proper planning
- Performance benchmarks: Established performance standards for real-time payment processing
- Operational efficiency: Proved that modern databases can significantly reduce operational overhead
With YugabyteDB as their foundation, Mindgate Solutions is well-positioned for continued growth and can now:
- Scale to 1 billion daily transactions within the next 24 months
- Expand to new payment rails, including CBDC and emerging platforms
- Achieve geographic expansion across ASEAN and Middle Eastern markets
- Enable innovation for next-generation financial services
Discover more about how Mindgate Solutions achieved massive scale, performance gains, and near-zero downtime with YugabyteDB in this customer presentation replay.
