IMPS is an award winning cost effective, channel agnostic payment service, introduced by National Payments Corporation of India (NPCI), empowering customers to transfer money instantly within banks across India. This innovative service, launched as an instant mobile remittance solution in November, 2010 has today evolved as a multi-channel, multi-dimensional remittance platform. The IMPS platform today is capable of processing P2P(Person to Person), P2A (Person to Account) and P2M (Person to Merchant) remittance and transactions can be initiated from Mobile, Internet as well as ATM channel. In addition to banking customers,non-banking customers can also avail the IMPS facility through Reserve Bank of India (RBI) approved PPIs.In the fastly growing payment industry IMPS is a product which is here to change the course of indian payment industry. With more banks coming on board for IMPS the most trusted 24*7 payment option will become the best in business.
This facility works with most of the banks and almost instantly and at any time of the day or night!!
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