Immediate Payment Service (IMPS)

URI: https://gptkb.org/entity/Immediate_Payment_Service_(IMPS)
GPTKB entity
Statements (30)
Predicate Object
gptkbp:instanceOf interbank electronic funds transfer system
gptkbp:alternativeTo gptkb:NEFT
gptkb:RTGS
gptkb:UPI
gptkbp:availableOn 24x7
gptkbp:country gptkb:India
gptkbp:currency gptkb:Indian_Rupee
gptkbp:enables instant fund transfer
gptkbp:fareControl varies by bank
https://www.w3.org/2000/01/rdf-schema#label Immediate Payment Service (IMPS)
gptkbp:identificationMethod account number and IFSC
Mobile Money Identifier (MMID)
gptkbp:launched 2010
gptkbp:maximumLoanAmount varies by bank
gptkbp:operatedBy gptkb:National_Payments_Corporation_of_India
gptkbp:regulates gptkb:Reserve_Bank_of_India
gptkbp:serviceType real-time payment system
gptkbp:settlementType real-time
gptkbp:supports ATM
mobile banking
SMS
internet banking
gptkbp:transferMode person to account
person to merchant
person to person
gptkbp:usedBy banks in India
customers of banks
gptkbp:website https://www.npci.org.in/what-we-do/imps-product-overview
gptkbp:bfsParent gptkb:Payment_and_Settlement_System
gptkbp:bfsLayer 7