IMPS

Popular payment methods

Credit Cards, Debit Cards, UPI (Unified Payments Interface), E-Wallets, Bank Transfers, Cash Payments

IMPS has played a pioneering role in accelerating India’s digital payment revolution, delivering a fast and secure solution for interbank transactions via mobile devices. Users can initiate IMPS transfers through their mobile banking apps or by dialing USSD codes offered by participating banks. The platform supports a wide range of transactions, including peer-to-peer money transfers, bill payments, and online purchases. Operating 24/7, IMPS allows for instant fund transfers at any hour, any day—greatly enhancing convenience and reducing reliance on slower, traditional methods. Its impact is particularly notable in areas with limited access to conventional banking infrastructure. IMPS helps bridge the digital divide between urban and rural communities, giving individuals in remote regions the ability to participate in real-time financial transactions and reducing their dependence on cash. With strong security protocols, reliable authentication mechanisms, and broad bank integration, IMPS has built a foundation of trust among users. As India continues to embrace digital finance, IMPS remains a core component of the nation’s payment ecosystem, advancing financial inclusion and real-time connectivity across the country.