Sucheta Dalal :IMPS can transfer money within minutes. Why isn’t it more popular?
Sucheta Dalal

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IMPS can transfer money within minutes. Why isn’t it more popular?  

January 3, 2015

For a mobile obsessed country like India, immediate payment service or IMPS could be a boon, provided the policymakers are interested in promoting this solution

 

Moneylife Digital Team

 

The interbank mobile or immediate payment service (IMPS) from National Payments Corporation of India (NPCI) finally appears to be taking wings.

 

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-- Sucheta Dalal