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Immediate Payment Service News

31 Jan 2024

New IMPS Rules From Feb 1: Check How Sending Money Will Get Simpler

Users can transfer funds using just a mobile number and the recipient's bank account name. The NPCI issued a circular on October 31, 2023. It allows for 24x7 instant domestic funds transfer through various channels.

digital transactions

14 Apr 2017

Digital transactions shoot up 23 times post note ban to 64 lakh

Digital transactions increased by about 23 times in March to nearly 64 lakh, with total value of Rs 2,425 crore, from last November when demonetisation took effect.

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