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IMPS Transactions In India On Rise: $3.4 Billion Transferred In May 2016

number-of-IMPS-transactions-in-india-2016
National Payments Corporation of India (NPCI), the body that monitors and governs IMPS (Immediate Payment Services) transactions in India, released data that explains the increasing adoption of IMPS service among the people. The number of IMPS transactions between April and May 2016 were up by 5.34%, totalling 31.09 million transactions. Subsequently, the total number of MMID (Mobile Money ID’s), required...

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