National Electronic Funds Transfer
GPTKB entity
Statements (55)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Financial_Services_Company
|
| gptkbp:allows |
Transfer of funds electronically
|
| gptkbp:associated_with |
Transaction fees
Transaction tracking Customer support services Banking hours |
| gptkbp:benefits |
Convenience
Financial inclusion Cashless transactions Speed of transactions |
| gptkbp:facilitates |
Interbank transactions
|
| gptkbp:famousFor |
Individuals and businesses
|
| gptkbp:hasCitations |
Transaction limits
|
| https://www.w3.org/2000/01/rdf-schema#label |
National Electronic Funds Transfer
|
| gptkbp:impact |
Market demand
Network outages Technical issues Regulatory changes |
| gptkbp:influenced |
Technological advancements
Consumer preferences Economic conditions Competition among banks |
| gptkbp:introduced |
2005
|
| gptkbp:is_available_in |
Internet banking platforms
Mobile_banking_applications |
| gptkbp:is_evaluated_by |
Security measures
Cost-effectiveness User satisfaction Transaction speed |
| gptkbp:is_expected_to |
Usage
Popularity Adoption by small businesses Integration with fintech solutions |
| gptkbp:is_governed_by |
gptkb:Reserve_Bank_of_India
Payment and Settlement Systems Act |
| gptkbp:is_integrated_with |
gptkb:Immediate_Payment_Service
Unified Payments Interface |
| gptkbp:is_part_of |
Digital_payment_ecosystem
|
| gptkbp:is_promoted_through |
Financial institutions
Government initiatives Digital_literacy_programs |
| gptkbp:is_supported_by |
Multiple banks
|
| gptkbp:knownFor |
Secure transactions
|
| gptkbp:operatedBy |
gptkb:National_Payments_Corporation_of_India
|
| gptkbp:relatedTo |
Cash transactions
Wire transfer services Cheque payments Real-time gross settlement systems |
| gptkbp:requires |
Bank_account
|
| gptkbp:supports |
Real-time gross settlement
|
| gptkbp:usedFor |
Merchant payments
Loan repayments Bill_payments Salary_disbursement |
| gptkbp:usedIn |
gptkb:India
|