Overview
Digital growth and mobility in financial services has given convenience to customers in conducting transactions. Millions of transactions are generated every minute and managing them is challenging for financial enterprises. IMPS, thus, is developed by NPCI to promote online banking and make fund transfer faster, economical and accessible on all mobility channels.
InfrasoftTech enables banks with a platform to support instant fund transfer services which can be integrated with core banking system. IMPS is an offload alternative to NEFT transactions, can be executed anywhere anytime.
Key Benefits
24x7x365 service availability
Alternative to NEFT, RTGS
Revenue generation by way of transaction fees
Multi-layered security is achieved
Services Provided by InfrasoftTech IMPS Solution
Person to Account (P2A)
Person to Person (P2P)
Person to Merchant (P2M)
Person to UID (P2U)
Merchant to Person (M2P)
Mini Account Statements
Balance Enquiry
Generate and Change MPIN
OTP Generation
Balance/Mini Statement
Case Studies
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