imps

Has HSBC stopped processing payments using IMPS? Paid bill today using ICICI bill payment and IMPS transfer itself failed with "Details don't match" - was working till last week

This is a story of wrong transaction made by me on 17Feb2025 on kotak app(IMPS). I accidentally sent inr 800 to someone else account and immediately lodge a complaint on kotak app then after few days i received a mail that kotak tried reaching beneficiary bank of baroda but as the transaction...

UPI like one more payment system coming soon | NPCI’s Netbanking 2.0: Unlike current systems that piggyback on existing payment rails such as the Immediate Payment Service (IMPS), Netbanking 2.0 will introduce an entirely new infrastructure — a move that could reshape the digital payments...

I had transferred amount from bank A through IMPS to bank B Money successfully debited from bank A ( also received SMS) but transaction was pending ( gone in process) on transaction page and not credited to beneficiary (bank B). When I raised issue with bank A they replied transaction was...

NPCI posts Rs 2,876 Crore revenue and Rs 1,134 Crore profits in FY24: NPCI is a not-for-profit organisation and deploys all of its surplus to bolster the digital payments infrastructure in the country. The private company is owned by a consortium of banks. The National Payments Corporation of...