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gptkbp:instanceOf
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Electronic funds transfer system
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gptkbp:alternativeTo
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gptkb:NEFT
gptkb:RTGS
gptkb:UPI
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gptkbp:availableOn
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24x7
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gptkbp:country
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gptkb:India
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gptkbp:currency
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INR
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gptkbp:features
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Two-factor authentication
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gptkbp:fullName
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Immediate Payment Service transactions
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https://www.w3.org/2000/01/rdf-schema#label
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IMPS transactions
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gptkbp:launched
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2010
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gptkbp:maximumLimit
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Varies by bank, typically up to ₹5 lakh per transaction
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gptkbp:minimumLimit
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No minimum
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gptkbp:operatedBy
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gptkb:National_Payments_Corporation_of_India
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gptkbp:regulates
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gptkb:Reserve_Bank_of_India
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gptkbp:requires
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Mobile Money Identifier (MMID)
Beneficiary account number and IFSC
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gptkbp:serviceType
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Real-time interbank electronic fund transfer
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gptkbp:settlementType
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Immediate
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gptkbp:supports
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ATM
SMS
Mobile banking
Internet banking
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gptkbp:transferFee
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Varies by bank
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gptkbp:transferTime
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Instant
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gptkbp:usedFor
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Remittances
Person-to-merchant payments
Person-to-person payments
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gptkbp:bfsParent
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gptkb:MMID
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gptkbp:bfsLayer
|
7
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