IMPS

The above represents the total value of IMPS transactions in India by month. IMPS (Immediate Payment Service) is an instant payment inter-bank electronic funds transfer system in India, which allows customers to operate through their mobile phones. In October 2019,...

The above graph represents the total number of IMPS transactions in India by month. IMPS (Immediate Payment Service) is an instant payment inter-bank electronic funds transfer system in India, which allows customers to operate through their mobile phones. India...

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...