Tech Mahindra joins JPMorgan's Payments System Integrator Program
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This partnership brings together Tech Mahindra's knowledge of real-time payments with J.P. Morgan's strong payment platform. This makes financial operations smarter and improves the customer experience.
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced it has joined J.P. Morgan Payments System Integrator Program to empower global enterprises to upgrade their payment infrastructure and deliver smarter, more personalized customer experiences.
By joining the program, Tech Mahindra will bring its deep expertise in real-time payments, data reconciliation, and enterprise resource planning (ERP) implementations for global clients. With experience in over 1,800 SAP implementations, Tech Mahindra's strength in enterprise transformation, combined with J.P. Morgan Payments' robust payments infrastructure, will help businesses optimize their financial operations. Together, they will empower enterprises with near real-time tracking, enhance reporting and elevate business dashboard functionality by leveraging SAP's Generative AI and Build Process Automation innovations.
The Tech Mahindra J.P. Morgan Payments collaboration leverages SAP automation and AI tools to streamline dashboard analytics and reporting.
Roshan Shetty, Head of BFSI & Public Sector - Americas, Tech Mahindra, said, 'Enterprises are increasingly looking to modernize complex payment infrastructures that can deliver on specific client needs. Our collaboration with J.P. Morgan Payments will enable businesses to deploy next-generation payment solutions at scale and help them drive sustainable growth while catering to evolving market needs.'
As part of the program, Tech Mahindra will also support the global deployment of J.P. Morgan Payments' next-generation solutions by leveraging its strong delivery capabilities, and broad market presence across key industries and geographies. J.P. Morgan Payments combines treasury services, trade & working capital, and card and merchant services capabilities to help pay customers or employees in different currencies around the world. It processes more than $10 trillion payments daily, operating in over 160 countries and over 120 currencies.
Sam Yen, Global Head of Enterprise Application Solutions at J.P. Morgan Payments, said, 'We're committed to meeting our clients' needs at every stage of their journey with our ERP solutions. This collaboration will allow us to offer clients the stability and resiliency of J.P. Morgan Payments combined with Tech Mahindra's technology expertise to help them build future-ready experiences that accelerate their business growth.'
The System Integrator Program helps joint customers build comprehensive payment strategies by combining J.P. Morgan Payments solutions with expertise from professional service partners. The program is part of the J.P. Morgan Payments Partner Network, which brings together over 80 third-party relationships to help meet customer business needs for end-to-end payment experiences.
With the Tech Mahindra J.P. Morgan Payments alliance, global businesses get scalable solutions for tracking things in real time, automating their ERP systems, and making their financial workflows smarter.
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