Immediate Payment Service (IMPS)
FinMOBICONNECT has an interface to IMPS which is an instant, 24X7, multi-channel, interbank electronic fund transfer service offered by National Payments Corporation of India (NPCI). It facilitate customers to use mobile instruments as a channel for accessing their bank accounts and put high interbank fund transfers in a secured manner with immediate confirmation features. IMPS currently offers Financial transactions like P2P, P2A, P2U, P2M and M2P; Non-Financial Services like Balance Enquiry, MPIN Generation, etc. and Value Added Services like Query on Aadhaar Mapper.
IMPS which is an instant, 24X7, multi-channel, interbank electronic fund transfer service offered by National Payments Corporation of India (NPCI). It facilitate customers to use mobile instruments as a channel for accessing their bank accounts and put high interbank fund transfers in a secured manner with immediate confirmation features. Finacus helps banks to implement IMPS via FinMobiConnect.
Services provided :
- P2P (Person to Person) Using MMID and Mobile number of beneficiary
- P2A (Person to Account) Using IFSC Code and Account number of beneficiary
- P2M (Person to Merchant) (PUSH) Merchant MMID and Mobile number is essential
- M2P (Person to Merchant) (PULL) Merchant MMID and Mobile number is essential
- P2U (Person to UID) Using Aadhaar number of beneficiary
Financial Services
(IMPS Transactions)
- Balance Enquiry
- Mini Statement – Last 5 transactions
- Know MMID
- Generate MPIN
- Change MPIN
- Generate OTP
Non-Financial
Services
- Whether his/her AADHAAR number is seeded/linked to any bank account number or not?
- If yes, then with which bank and when was it last updated?
Value Added
Services
It is a service on NUUP (USSD based platform - *99#) which enables a customer to know:
